Rented Properties
Whether you own a single rental home in Port Coquitlam or a portfolio of investment properties across BC, Poco Insurance is here to offer tailored insurance solutions designed to protect your rental assets. Our comprehensive coverage ensures peace of mind for both landlords and property investors, so you can focus on growing your portfolio without worry.
Home INsurance Features
Rented Property Insurance Features
Rented properties require specialized insurance coverage to address the unique risks that come with renting. Our policies for rental properties include:
For Rented Homes or other Dwellings, this will include Protection for the Building, Detached structures and Landlord Contents within the Property (ex. Appliances or Furnishings). For Condo owners, it includes the Landlord’s Contents, Unit Betterments, and protection against strata related Assessments.
Compensates the owner for loss of rent if the rental property is uninhabitable following an insured loss.
Your policy can be fully customized with additional protection against Sewer Backup, Flood, Earthquake, and more.
Get a Rented Property Quote
Frequently Asked Questions about Rented Property Insurance
Have questions about Rented Property Insurance? Below are some common inquiries. For more detailed advice, don’t hesitate to reach out to our brokers, who will be happy to assist with your unique needs.
Can I get insurance for multiple rental properties?
Yes, we can insure each property separately or consolidate them under one policy, depending on the ownership and rental situation. For larger portfolios or more complex arrangements, a Business Insurance policy may be more appropriate.
Can I insure my property for short-term rental use, like Airbnb or Vrbo?
Absolutely! While not all insurers offer coverage for short-term rentals, we work with several providers who specialize in policies designed specifically for short-term rental properties. Our team can guide you through the process and ensure you have the right protection.
My Tenants have moved out, does this affect my rented property insurance?
Yes, once your tenants move out, your property is considered “vacant.” It’s essential to notify your broker promptly, as some coverages may no longer apply. We’ll advise you on the best course of action to ensure your property remains protected until it is re-occupied.
How much does Rented Property Insurance Cost?
The cost of rented property insurance depends on several factors, including the property’s location, size, number of rental units, and the level of coverage you choose. For an accurate quote, click “Request a Quote” or contact us directly.
What does Rented Property Insurance cover?
Rented property insurance covers many of the same risks as policies for owner-occupied properties, with a few key differences. In addition to standard coverage for property damage, policies for rental properties typically include protection for loss of rent, premises liability, and landlord property. Some insurers also offer coverage for tenant theft or vandalism, depending on the policy.
Need to File a Claim?
We understand dealing with an insurance claim can be a stressful experience. At Poco Insurance, we are here to guide you through the process and make it as smooth as possible.
Residential Quote Request
Please complete the form below to start your home insurance quote or renewal process. Our team will contact you within 1 business day (excluding weekends and holidays) to discuss your quote and gather any additional information needed.