Protect Your Rental Property Investment

Landlord insurance covers your property, liability, and rental income—so you can rent with confidence.

Why Landlord Insurance Matters

• Standard homeowners policies don’t cover rental activities.

• Protects against property damage, liability claims, and lost rental income.

• Required by many lenders for rental properties.

• Peace of mind for property owners.

How Much Coverage Do I Need?

Most landlords carry $250,000–$500,000 in property coverage (to rebuild the rental) and at least $1 million in liability coverage. The right amount depends on the value of your rental property, your assets, and your risk exposure.

How to Decide Your Coverage Amount

1. Dwelling Coverage

   • Should equal the replacement cost of the rental property, not market value.

   • Example: If rebuilding costs $400,000, set dwelling coverage at $400,000.

2. Liability Coverage

   • Minimum: $300,000.

   • Recommended: $1 million or more, especially if you own multiple rentals or have high net worth.

3. Loss of Rental Income

   • Ensure coverage for 6–12 months of rent to protect cash flow.

4. Personal Property

   • Cover landlord-owned items (appliances, fixtures).

   • Tenants need their own renters insurance for belongings.