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.
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:
We cover all types of rental properties from single family homes up to apartment buildings, including vacant, renovation, and fix-and-flip properties.
We also cover AirBNBs, VRBOs, and other rentals.
Your insurance policy can cover a wide range of risks, or you can choose a limited set of coverages for a lower premium.
Very happy with the service. Very quick, very efficient and a pleasure to work with.
Steadily was super easy and I was able to set up my new policy quickly. Customer service could not have been better. Highly recommended!
They respond quickly and communicate well. I was able to get the policy I needed to convert my vacation home to Airbnb.
The process of getting a landlord policy was very smooth. A few text messages, and the price was great, new policy saved us over $600!
Excellent service and very fast...
Made it so easy to work with and provided the best rate possible! Would highly recommend to anyone looking for insurance.
It was very easy to sign up and the rate was great compared to others I got.
Great service and easy to do business.
Best coverage option for small landlord. Very impressed by easy to navigate website and competitive coverage. Couldn't ask for better.
I had a quote within half an hour and then connected them with my mortgage lender for closing via email. Very easy to work with.
Very easy process and the rep was very knowledgeable.
Great experience! Easy. Will make referrals!
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 multi-state portfolio, we have you covered.