Protect your rental property with coverage designed for landlords. PRK Insurance Agency, Inc. helps you compare options and choose reliable protection for your building, liability, and rental income.
Landlord insurance helps protect rental properties with coverage for the building, liability, and certain landlord related risks. Coverage varies depending on the property type and policy.
Homeowners insurance is designed for owner occupied homes. Landlord insurance is built for rental properties and typically includes protections that better match tenant occupied risks.
Some types of damage may be covered if caused by a covered event, but normal wear and tear is not. Intentional tenant damage may have limitations depending on the policy.
Liability coverage helps protect you if a tenant or guest is injured on your property or claims negligence. It can help cover legal costs and certain medical expenses.
Many landlord policies can include loss of rental income coverage. This can help replace rental income if your property becomes unlivable due to a covered claim.
Pricing depends on the property location, building size, age, condition, coverage limits, deductible, and risk factors like prior claims. We help you compare options to find the best fit.
Rental properties come with unique risks, and the right coverage matters. PRK Insurance Agency, Inc. helps New York landlords protect their investment with clear guidance and trusted options. Since 2004, our team in Melville, NY has helped property owners compare coverage, avoid gaps, and choose policies that fit their building and rental goals with confidence.
Get clear answers to common landlord insurance questions, including what’s covered, how it differs from homeowners insurance, and how to protect your rental property in New York.
Landlord insurance typically covers the rental property structure, landlord liability, and may include loss of rental income after a covered claim. Coverage depends on your policy.
It’s not required by law in all situations, but it’s strongly recommended to protect your property and liability. Some lenders may also require it.
Homeowners insurance is for owner occupied homes. Landlord insurance is designed for tenant occupied properties and may provide better protection for rental related risks.
No. Tenant belongings are not covered under a landlord policy. Tenants should have renters insurance to protect their personal property.
Some damage may be covered if it results from a covered event, but normal wear and tear is not covered. Intentional damage may have limitations depending on the policy.
Most policies do not cover eviction costs or non payment of rent. Loss of rental income coverage may apply only when the property is unlivable due to a covered claim.
Loss of rental income coverage can help replace rental income if your property cannot be rented due to covered damage and repairs.
Yes. Liability coverage helps protect you if a tenant or visitor is injured on the property or claims you are responsible for damages.
Short term rentals may require specialized coverage depending on use and frequency. We can help you compare options based on how the property is rented.
Yes. Coverage can be available for single family rentals, multi family properties, and certain mixed use buildings depending on the carrier and property details.
Pricing depends on location, building type, age, condition, coverage limits, deductible, and claim history. Discounts may also apply.
Yes. PRK Insurance Agency, Inc. helps New York landlords compare options and choose the right coverage with clear guidance and responsive support.
