Summer Storms Ahead: Is Your Landlord Insurance Up to the Challenge?

June is heating up, and so are the risks that come with summer property management. While this sunny season brings barbecues, longer days, and vacation vibes, it also introduces a few curveballs for landlords and multifamily property owners. From sudden storms to increased foot traffic and extended vacancies, summer isn’t all sunshine and roses when it comes to protecting your investment.

It’s time to take a fresh look at your landlord insurance policy and make sure it’s optimized for seasonal exposures. Here’s what to watch for, and how Millers Mutual can help you stay protected where it counts.

Brace for Storm Season

Summer storms can hit fast and hard. Wind, hail, or heavy rain can damage roofs, siding, HVAC systems, and more. While you can take some steps to minimize potential damage, like trimming back overgrown branches, a strong commercial property policy, like the one found in a Businessowners Policy (or BOP), is essential. It helps cover the cost of repairs or replacements due to most weather-related damage, so you can recover quickly and avoid costly out-of-pocket surprises.

Watch for Liability Surprises

With more tenants spending time outdoors and guests stopping by, summer can be prime time for accidents. Pool areas, grills, balconies, and slippery sidewalks all come with added liability concerns. If someone gets hurt on your property, you could be on the hook. That’s why liability coverage is a nonnegotiable part of any landlord’s summer checklist. A BOP combines property and liability insurance in one convenient package, and at Millers Mutual, we make sure both sides are tailored to your needs.

Stay Ahead of Theft and Vandalism

More empty units, thanks to tenant turnover and vacations, can sometimes invite unwanted attention. Vacant properties are especially vulnerable to break-ins and damage. Make sure your landlord insurance includes theft and vandalism coverage, and consider vacancy insurance if you expect any units to sit empty longer than usual. It’s a simple safeguard that can save you big in the long run.

Don’t Overlook Flood Protection

Even outside hurricane zones, flash flooding and heavy summer rains can spell disaster for landlords. Many property insurance policies exclude flood damage. So, if you haven’t added a separate flood policy yet, now’s the time to consider it. Need help reviewing your risk level? A Millers Mutual agent can walk you through what’s covered and what might need adjusting.

Make Summer Safety a Habit

Start summer off strong by walking your property with a critical eye. Inspect stair rails, lighting, parking lots, and common areas. Repair what needs fixing. Simple maintenance today can prevent major claims tomorrow.

Trust Insurance That’s Built for All Seasons

At Millers Mutual, we know what landlords face when summer rolls in. That’s why we offer comprehensive landlord protection that includes:

• Property and liability coverage through a BOP
• Optional flood and vacancy protection
• Responsive claims support that’s there when you need it

Don’t Let Summer Risks Catch You Off Guard

Schedule a review with your Millers Mutual agent to make sure your policy is summer-ready so you can enjoy the season with peace of mind.