Water is backing up into your property from the sewer system

Coverage:
This is a standard exclusion on most rental property policies. 

You need to endorse the policy to add water backup protection. 

Most policies will limit the amount to pay on a claim. 

The cost of the this endorsement is minimal and most real estate investors don’t have this coverage

Risk:
Tenant claims she fell down the stairs and can’t return to work

Coverage:
Your tenant will make a claim against your liability coverage on your policy

A claim representative will be assigned to investigate

Your Liability limit is applicable to another person’s injury claim

You can never have enough liability and the cost of getting the maximum limit available from an insurance company can be as low as $25 difference

Grab the most liability your insurance company can offer

The 300,000 limit will qualify you for a personal umbrella policy

Risk:
Your tenant’s car catches fire under the carport and causes damage to your neighbor’s house

Coverage:

Your Liability limit also applies to other person’s property damage

The liability coverage on your policy would repair the neighbor’s damage to their house