As a landlord, you want to protect your investment. That's why it's important to understand student housing insurance. But what does student housing insurance cover?
Regardless if you're an individual or you're an organization, if you own property that houses students, be it high school or college or otherwise, it is oftentimes hard to find the right insurance coverage.
Today, we're going to solve that problem.
Watch the video below to learn more...
Need Insurance Coverage?
Student Housing Insurance: What You Need to Know
When it comes to student housing, oftentimes most carriers just want nothing to do with it. It tends to have losses.
It tends to just be trouble in general, or that's what most companies think. That oftentimes, as you probably know, is not the case.
The landlords and students often take great care of these properties and often cause little to no problems.
Sure, if there's heavy traffic in and out of a building, it may get a little wear and tear, but there are really no issues when it comes to claims.
So at Rogue Risk, we have partnered with a portfolio of companies that have an appetite for student housing. They understand it.
They understand what the uses are, they understand what the claim situation is, they understand how to price it, and how to put proper coverage on student housing.
What does this mean for the landlord?
What that means for you, the landlord who owns student housing, is you're getting great coverage that's going to serve your needs.
This also means that the coverage is going to replace that building if something bad ever does happen to it.
But at the same time, you're getting pricing that allows your student housing to be profitable. Oftentimes, that's not the case.
If you choose good coverage, your price is way too high, and if you choose a price that makes your property profitable, then you're getting coverage that doesn't actually serve your needs.
Let us show you how we can do both.
It is possible to own student housing and get great coverage at a price that you can actually afford because that's what we do at Rogue Risk. We do property.
We write all kinds of property. Investment properties, second homes, and vacation homes.
We write a ton of homeowners insurance such as apartment buildings. We write strip malls, plazas, lessors, and commercial lessors risk.
We know the carriers in the space, and in this case, when it comes to student housing, we can make sure that you get great coverage at a price that fits.
As a landlord, it's important to be aware of the type of coverage you need for your student housing.
You can get great coverage by working with an insurance agent and making sure that you are properly insured.
If you own student housing, make sure you are fully protected by getting the right insurance coverage.
This is where we come in at Rogue Risk.
If your current insurance professional has never addressed issues like this with you before, I’d encourage you to reach out to us today.
- You can call or text us at 518.960.6600
- Click here to contact us via email.
I look forward to introducing you to a new way of viewing your insurance program.