Landlord Protection Plan, worth it?

Question

My property rent for $1250 and my previous tenant (leased for 6 years) moved out and I have to spend like $11000!!! to fix/replace what damaged/ worn out this and that......

Just found a company selling Landlord Protection plan https://surevestor.com/pick-a-plan/ What to hear any of you have experience of this and is it worth of using this plan?

Brad Larsen · Answer

It's worth looking into as that company was modeled after the same business in Australia which was and still is wildly popular. Nothing will cover all damage, but knowing the really awful stuff could be covered is atleast some piece of mind for the small price you pay.

Account Closed · Answer

It looks like it only covers malicious damage... no red wine spills, no pet damage, no dirty living, no wear and tear.. Just holes punched in walls, concrete in drains, intentional fires, cabinets torn down, etc.. They also require professional property management and dont insure rentals collecting less than 1000 per month.

Nathan Gesner · Answer

Surevestor is a good option if you meet the requirements. It would have cost you a lot less than the $11,000 in damages left by your tenant!

Landlord Protection Plan, worth it?

Landlord Protection Plan, worth it?

Most Popular Reply

3 Replies