Loss of Rent Insurance

Loss of Rent Insurance, sometimes called Rental Income Protection, covers your lost rental income if your property becomes uninhabitable due to a covered event like a fire or severe storm. While your dwelling coverage repairs the physical damage, this coverage ensures your cash flow isn’t interrupted during the vacancy. For investors relying on predictable income, especially in turnkey or leveraged properties, it provides valuable financial protection. Meridian encourages buyers to work with experienced insurance agents who understand investment property needs and can include loss of rent coverage in policies tailored to rental portfolios.