landlord insurance News

Landlord’s Insurer Denied Recovery for Damage Caused by Tenant’s Drone

Sathiyaselvam Thangavel’s hijinks with a drone caused more than $77,000 in damage to the apartment building where he lived, but his landlord’s insurer can’t recover that money from Thangavel even though he signed a lease saying he is solely responsible …

Multi-Family Property Insurtech Honeycomb Raises $15.4 Million, Plans Expansion

Digital insurance provider Honeycomb announced it has raised $15.4 million in a Series A funding and plans to expand into more states. The reinsurance-backed managing general agent (MGA) touts a technology stack for multi-family properties that streamlines the insurance buying …

Austin-Based Landlord Insurer Steadily Raises $31 Million

Austin-based landlord insurance company Steadily has completed its latest investment round, bringing its total funding to $31 million. Steadily serves 17 million individual rental property owners who collectively own single family and small apartment rentals across the U.S. The latest …

Swiss Re’s iptiQ and German Real Estate Platform Launch Digital Loss-of-Rent Cover

Swiss Re’s iptiQ and ImmoScout24, Germany’s leading online real estate platform, are launching a loss-of-rent insurance product, which provides private landlords with protection against the financial uncertainties that can arise from tenancy agreements. As an insurance partner, iptiQ offers ImmoScout24 …

Mercury Adds Landlord Insurance in California

Mercury Insurance has introduced landlord insurance in California designed to help protect people with rental properties. Landlord insurance covers the costs to repair rental properties if they’re damaged by fires, lightning, wind, hail and other covered losses, lost rental income …