Landlord Insurance
Protect your rental property and rental income
Landlord insurance (also called Dwelling Fire insurance) is designed for rental properties you own but don't live in. Unlike homeowners insurance, it covers the unique risks landlords face — liability from tenant injuries, loss of rental income when property is uninhabitable, and damage to the structure itself.
What's Covered
What this policy covers
- Dwelling coverage — the rental property structure
- Other structures on the property
- Loss of rental income if the property becomes uninhabitable after a covered loss
- Liability — if a tenant or visitor is injured on the property
- Vandalism and malicious damage by tenants (most DP-3 policies)
- Fair rental value — ongoing rent lost while repairs are made
Who Needs It
Is this the right coverage for you?
- Owners of single-family rental homes
- Small apartment building owners (1–4 units)
- Condo investors who rent their unit
- Vacation rental owners (short-term rental endorsement may be needed)
FAQ
Common questions about Landlord
Can I use my homeowners policy for a rental property?
No. Standard homeowners insurance requires you to be the primary occupant. Using it for a rental can result in policy cancellation and denied claims. A DP-3 Dwelling Fire policy or dedicated landlord policy is required.
Does landlord insurance cover tenant-caused damage?
DP-3 policies typically include malicious damage by tenants. Normal wear and tear is never covered. A tenant damage endorsement can add extra protection beyond what the standard form provides.
Should I require tenants to carry renters insurance?
Yes — and many landlords now make it a lease requirement. Tenants with renters insurance are better positioned to cover minor damage, and it reduces friction when claims arise.
Ready to get Landlord coverage?
Same-day quotes for most personal lines. We'll help you find the right fit.