Rated Excellent (4.8 stars out of 5) on TrustPilot
Landlord insurance in Everett, Washington
Despite being a more tenant-friendly state, Washington has a lot to offer for landlords. There is a high concentration of renters in Washington (close to a million). A large majority of the renters residing in Seattle. Seattle has more renters than homeowners. If you are a landlord in Washington, keep these laws in mind: Security Deposits- Within 21 days of the tenant vacating the premises, the landlord must return the security deposit. Landlords are allowed to not require a security deposit, but if they do, then they must hold the security deposit in a separate trust account. Rental Agreements– Must be in written form for a lease that is longer than 12 months and in leases shorter than 12 months if there was a security deposit or any non-refundable fees. Other– The landlord must arrange for regular trash pick-up, provide working locks/ keys, and heating and hot water.
Who needs landlord insurance in Everett WA?
Landlord insurance (also known as rental insurance) is a policy for people who rent their homes to others. Landlord insurance is not required for a landlord, but insurance can bring many benefits:
Because of modern safety codes, fires have become rarer, but the fires that do start tend to cause total destruction of the property.
Broken pipes and appliance leaks are the most common and overall the most expensive property damage for rental properties.
Windstorm, hail, & lightning
Roof damage from storms has become increasingly common as the intensity and frequency of storms have increased over the last two decades.
Liability protection covers the cost of defending you and settling claims from tenants and their guests for injuries sustained on your property.
Riot and civil commotion
When violent protests break out, riot coverage can pay to fix property damage caused by looters and protestors.
Vandalism & theft
Malicious mischief coverage, as it’s known, covers repairs to broken glass, graffiti removal, and replacement of stolen or damaged property like shared washing machines.
Injury protection can keep you from getting stuck with the cost of medical bills if a tenant or visitor gets injured on the property.
Many policies also include coverage for a long list of other perils such as riots or civil commotion, explosions, volcanic eruptions, and damage caused by vehicles.
We're national & local
Steadily offers affordable landlord insurance across all 50 states. Our team of knowledgeable sales agents across the country are experts at finding the right coverage for your needs. From one local property to a portfolio across various states, we have you covered.
Get coverage in minutes
No hidden cancellation fees. Competitive rates nationwide.