If you own a property you rent out, a standard homeowner policy is not enough. Rental property (landlord) insurance is built for the unique risks of leasing to tenants — protecting your building, your liability as a landlord, and the rental income you depend on.
What Rental Property Insurance Covers
A landlord policy typically covers the building structure, detached structures, your liability as a property owner, and loss of rental income if the property becomes uninhabitable after a covered loss. Coverage for contents you provide (such as appliances) can be added.
Who Needs It
Anyone renting out a house, condo, secondary unit, or investment property needs landlord coverage — and your tenants should carry their own tenant insurance for their belongings. Insuring a rental under a regular home policy can leave claims denied.
How a Broker Helps
NavInsurance structures landlord coverage around how you use the property and compares insurers that specialize in rentals. Learn more on our home insurance page or request a free quote.