Landlord Insurance
What is landlord insurance?
If you rent out a property—whether it’s a single-family home, duplex, or small apartment building—standard homeowners insurance may not fully protect you. Landlord insurance provides coverage tailored to rental activity, giving you peace of mind and financial protection.
What’s typically covered
A standard landlord insurance policy usually includes:
Dwelling Coverage – Protects the structure of your rental property.
Other Structures – Covers garages, sheds, or fences on the premises.
Landlord-Furnished Property – Includes items like appliances or furniture (disclose if the unit is furnished).
Loss of Rental Income – Reimburses lost rent if the property becomes uninhabitable after a covered claim.
Liability Protection – Covers legal or medical costs if someone is injured on your property.
Common covered perils include:
Fire or lightning · Windstorms · Vandalism or theft · Smoke damage · Falling objects · Vehicle or aircraft impact · Explosions
Why occupancy matters
How your property is used plays a major role in how it should be insured. Insurance carriers assess risk differently depending on occupancy type:
Tenant-occupied properties — Typically qualify for landlord insurance.
Owner-occupied or part-time use — May require a different type of policy.
Vacant properties — Carry higher risks and may need special coverage during unoccupied periods.
Tip: Clearly identifying how the property is used helps ensure your policy is valid and provides the protection you expect.
What’s not covered
Landlord insurance typically does not cover:
Routine maintenance or wear and tear
Damage caused by floods or earthquakes (these require separate policies)
Owner-occupied property (unless specifically endorsed)
Tenants’ personal belongings
Bonus Tip:
Encourage your tenants to carry renters insurance—it helps protect their personal property and provides liability coverage if they accidentally cause damage or injury. It’s also a great clause to include in your lease.
Contact us for a quote or coverage review—our team will help you find the right protection for your rental property, tenants, and peace of mind.