If your property does not already have a landlord policy, please contact your insurance agent to make sure the policy is updated.
We require $500,000 minimum liability coverage, with $5,000 towards medical payments to others.
We highly recommend a Personal Umbrella policy for $1,000,000.
As per our property management agreement (Section 10), you are required to make sure that SmartEgg Properties is named as an Additional Insured on the policy and to send us a copy of that policy within 15 days of its commencement date. Please note our address: P.O. Box 10743, Austin, TX 78766.
Please make sure your policy has coverage for mold, water damage, and vandalism. If it doesn't, it is highly recommended that you have your insurance agent add this for you.
If the property ends up being vacant for more than 30 days (for some insurance companies it's 60 or 90 days), your insurance company needs to know that as well so that your coverage isn't jeopardized—they'll do a vacancy clause. It is your responsibility to contact them if this should happen.
If you are allowing pets at your property, please find out if your insurance company has any breed restrictions. If yes, please send those along to us ASAP.