Insurance for Landlords

We have 2 types of policies: Landlord’s Rental Dwelling Insurance and Landlord’s Rental Condo insurance. Whether you’re a landlord with multiple rentals, or if you’re just leasing your home or condo, we’ve got a policy to suit your needs.

• The following benefits are available with any policy you choose:
• Property coverage, which covers your rental property if you own rentals built for one to four families, as well as other private structures on your property (like a garage or shed), and personal property, like tools, appliances or furniture that’s stored on the property or used by your tenants.  This coverage even includes items that are out for repair or servicing.
• Loss of rental income protects you if something happens and you’re unable to rent your property out. We’d pay for your loss of rental income during the repair or rebuilding period.
• Liability coverage helps cover you for one of the biggest risks landlords face:  responsibility for injuries that occur on their rental property. This coverage includes personal liability, which will provide $100,000 of coverage (or more if you choose) if someone gets hurt or property damage occurs and you’re found responsible. This also covers all your defense costs.  It also includes medical payments to others, so that if someone is hurt on your property, we’ll pay up to $1,000 (or more, depending on your policy) for medical costs.
• Personal injury coverage will protect you as a landlord from lawsuits alleging wrongful entry, wrongful eviction, and invasion of the right of private occupancy.

In addition to our basic policy, we offer two different options to protect you from out of pocket costs, if you ever have to repair or rebuild your investment property: 

Extended limits coverage will safeguard you against  unexpected increases in building and repair costs, protecting you if the dwelling’s replacement cost exceeds the policy’s Coverage A limit.  If the amount of insurance selected for the dwelling prior to the loss turns out to not have been enough, Extended Limits Coverage provides 25 percent more insurance to cover the extra need.

Coverage A Plus^SM provides maximum protection to cover the cost to rebuild or repair your property if it were destroyed, even if that cost were more than the amount shown for Coverage A on your policy. There is no limit to the amount over the policy amount (except in a few states, such as FL). Your deductible applies.