What insurance do I need for a rental property?

Generally landlord or dwelling-fire coverage, with loss of rents and landlord liability, plus a requirement that tenants carry renters insurance. A homeowners policy is the wrong fit for a rental.

Can I use a homeowners policy on a rental?

Generally no. Once the property is non-owner-occupied, a homeowners policy can lead to a denied claim. Landlord coverage is built for the rental exposure.

What if I am buying several rentals?

Multiple properties, LLC ownership, and growth plans are where our real estate investor section goes deep. We coordinate the portfolio with your personal coverage and umbrella.

Insurance When Buying Rental Property

Buying a rental? Insure it as a rental, not a home.

A property you rent out is a different risk from the home you live in. Before you close on a rental, it is worth setting up landlord coverage, deciding on loss of rents, and thinking about liability and how you will hold the property.

Ready for terms? Get a quote. Want to find the gaps first? Compare your coverage.

A rental needs landlord coverage rather than a homeowners policy, because occupancy changes everything. The setup also involves loss of rents, landlord liability, requiring tenant renters insurance, and, if you are building a portfolio, how the property is owned and coordinated.

Setting it up right

Landlord or dwelling-fire coverage fits non-owner-occupied property and adds loss of rents and landlord liability. Requiring tenants to carry renters insurance protects their belongings and adds a liability layer for you.

If you are financing, the lender will require coverage, but the goal is a program built for a rental, not a homeowners policy stretched to fit.

If this is part of a portfolio

Owning several rentals, holding property in an LLC or trust, or planning to grow changes the approach to coverage and liability. Our real estate investor section is built for that, and we coordinate it with your personal umbrella.

This is also where personal and investor coverage overlap, and getting the structure right early saves friction later.

Buying a rental? Insure it as a rental, not a home.

Setting it up right

If this is part of a portfolio

Common questions.

Not sure your coverage fits your household?

Keep going.

Landlord insurance

Real Estate Investors

Personal Umbrella

Trusts, LLCs & named insured

Buying a rental? Insure it as a rental, not a home.