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Broken Arrow, OK 74012

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Oklahoma Insurance Blog

Landlord Insurance is the Protection Every Property Manager Needs

Ownership and management of rental properties can be gratifying, but they come with their share of concerns and risks. From property damage to challenging tenants, the business of renting or leasing property can often present numerous hurdles. These types of situations are precisely why property owners and managers in the greater Tulsa, OK area rely on the trusted, experienced, and professional team at Greater Tulsa Insurance Inc. for all their landlord insurance inquiries and requirements.

Essential Protection with Landlord Insurance

If you rent or lease property, it’s more than just property and assets; it’s also a source of income. Whether it’s a supplemental or primary revenue stream, renting and leasing property is a business. This is one of the many reasons to consider landlord insurance – what happens when a destructive tenant, storm, or even a fire renders your property uninhabitable? If you rent out a property, you not only lose the structure, but you also lose the revenue it generates.

The silver lining is that even during the rebuilding and repair stages, the right commercial insurance can help offset those lost revenues. This is one of the many reasons why property managers in the Tulsa, OK area collaborate with Greater Tulsa Insurance for the protection every landlord needs.

Landlord Insurance for Tulsa Area Property Managers and Owners

If you lease or rent property in or around Tulsa, OK, and would like to learn more about safeguarding yourself and your property with the right landlord insurance solutions, we can help. Contact us to learn more and schedule an appointment with our friendly and professional team at Greater Tulsa Insurance Inc. today for the protection you need and deserve.

Do Classic Car Projects Require Insurance?

There’s a unique thrill in seeing the potential in a car that others might dismiss as a rust bucket. You can envision the gleaming new paint job and the roar of a refurbished classic car on the road. However, it’s crucial to understand the insurance requirements in South Kingstown, RI, to ensure your project car stays in the garage and not the impound lot.

Understanding State Requirements

Rhode Island mandates that every registered car driven on public roads must have car insurance. That means if your vehicle is registered in your name, it’s best to get insurance. You’ll also need insurance from a company like Kingston Insurance Agency LLC to take your project car for test drives on the road.

Many people opt for car insurance for project cars for various reasons. A coverage gap often results in higher premiums, so it’s best to get coverage as soon as the vehicle is registered with you.

Choosing the Right Coverage

Many companies offer classic car insurance for cars that meet classic car requirements. This coverage is often ideal for car projects because it has limited mileage, and many people don’t drive car projects while they’re working on them. It also offers a lower premium.

Consider where you’ll be working on the car when selecting coverage. Cars parked outside may require natural disaster coverage in case there’s hazardous weather, such as hail. Few people opt for full coverage insurance on vehicles that are just sitting in a garage. Remember, you can always change your coverage once the car is drivable.

We understand how important your new project is to you. Experienced agents at Kingston Insurance Agency, LLC, will discuss your situation with you to determine the best level of coverage that meets your needs. Contact us to learn more today. We’re currently serving the South Kingstown, RI area.

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