Do I need landlord insurance if I have homeowners? +
Yes, absolutely. Standard homeowners policies typically exclude properties rented to others. If a tenant is injured or your rental income is lost due to damage, a homeowners policy almost certainly won't pay the claim. Landlord insurance is specifically designed for this scenario.
Does landlord insurance cover tenant damage? +
Standard policies cover accidental damage but typically exclude intentional damage by tenants. A "malicious damage by tenants" add-on is available with most carriers — we'll recommend this for most landlords, especially without strong tenant screening.
What about Airbnb or short-term rentals? +
Short-term rentals have unique risks that require specialized policies. While platforms like Airbnb offer some host protection, it's limited and full of exclusions. We work with carriers who specifically underwrite short-term rental properties for comprehensive coverage.
Can I get one policy for multiple rental properties? +
Yes — a "blanket" or portfolio policy covers all your properties under one policy. This simplifies management and often delivers significant discounts compared to insuring each property separately. We specialize in portfolio pricing for investors.
How is landlord insurance priced? +
Premiums are based on property value, location, property age, rental income, number of units, and the coverage options you choose. Landlord policies typically cost 15–25% more than a standard homeowners policy — well worth it given the added protection.
Should I require my tenants to carry renters insurance? +
Yes — this is strongly recommended. Requiring renters insurance protects your tenants' belongings (which your policy won't cover), reduces the chance of tenants pursuing you for personal property losses, and is a sign of a well-managed property. We can help tenants get covered too.