Landlord Insurance

Geo depth: Class A

Landlord insurance covers rental properties for structural damage and liability, and can include loss-of-rental-income coverage if the property becomes uninhabitable after a covered loss. It differs from standard homeowners insurance because it's designed for owner-occupied risk, not a leased dwelling.

Compare Landlord Insurance rates

What is landlord insurance?

Landlord policies generally cover the structure, liability if a tenant or visitor is injured on the property, and often loss-of-rental-income coverage if the property becomes temporarily uninhabitable after a covered loss — but they typically don't cover a tenant's personal belongings, which is why landlords often require tenants to carry their own renters insurance.

Because landlord policies are underwritten for non-owner-occupied, tenant-occupied risk, they're priced and structured differently from an otherwise-similar homeowners policy on the same property, and a standard homeowners policy generally isn't valid once a property becomes a rental.

What affects your landlord insurance cost

Typical costs vary significantly by state, provider, and personal factors — {{VERIFY: national average landlord insurance premium not yet sourced}}. Rather than a single number, the factors below are what actually move your quote up or down.

Property location and construction
Number of units and whether it's owner-occupied or fully tenant-occupied
Coverage limits for the dwelling and loss-of-rental-income
Deductible amount
Property age and condition
Claims history on the property

How to compare landlord insurance providers

Price is only one part of the decision. Before choosing a provider, compare each of the following side by side:

Coverage limits, and exactly what's included or excluded
Deductible options and how a higher or lower deductible changes the premium
Financial strength ratings from an independent rating agency (e.g., AM Best, S&P, Moody's) — an indicator of an insurer's ability to pay future claims
Customer service and claims-handling reputation, including complaint-ratio data where a state Department of Insurance publishes it
Available discounts and bundling options
Confirmation that the carrier is licensed to write this coverage in your state

Explore landlord insurance by state

Coverage requirements and licensed carriers for landlord insurance vary by state. Here are a few popular starting points, or browse the full state directory below.

Landlord Insurance FAQ

Does landlord insurance cover my tenant's belongings?

No — landlord insurance generally covers the structure, your own landlord-owned property (like appliances you provide), and liability, not a tenant's personal belongings, which is why many landlords require tenants to carry renters insurance.

Can I just keep my homeowners policy once I start renting out the property?

Generally no — once a property becomes tenant-occupied, a standard homeowners policy is typically no longer valid for it, and the property needs a landlord (dwelling fire) policy underwritten for rental risk instead.

Does landlord insurance cover lost rental income?

Many landlord policies include loss-of-rental-income coverage if the property becomes uninhabitable after a covered loss (such as a fire), but the specific trigger conditions and coverage limits vary by policy — confirm this is included rather than assuming it.

Ready to see landlord insurance options?

Compare providers side by side using the factors above, then see options tailored to your state and situation.