Rental Property Insurance
Whether you own hundreds of properties or just one, we'll help you find the best coverage and the most affordable rates. Let us give you a quote and start saving money today!
What is Rental Property Insurance?
Rental Property Insurance, also known as Landlord Insurance, is designed to protect property owners who rent out homes, apartments, condominiums, or other residential properties. It provides financial protection against covered losses such as fire, windstorms, vandalism, theft, and certain types of water damage. Most policies also include liability coverage if someone is injured on the rental property and may provide loss of rental income coverage if the property becomes temporarily uninhabitable due to a covered claim. Unlike homeowners insurance, Rental Property Insurance is specifically designed to address the unique risks of owning rental property.
Contact us to learn more about the right rental property insurance policy for your property.
What is Usually Covered With Rental Property Insurance?
Coverage varies by policy but commonly includes:
- Dwelling coverage for the rental building
- Other structures such as detached garages or sheds
- Landlord-owned appliances and furnishings
- Personal liability protection
- Medical payments for covered visitor injuries
- Loss of rental income following a covered loss
Optional endorsements may also provide protection for equipment breakdown, vandalism, ordinance or law coverage, and other landlord-specific risks. It's important to note that tenants' personal belongings are generally not covered and should be protected with a separate renters insurance policy.
Get a rental property insurance quote today