When you rent a property to tenants, a standard homeowners policy no longer fits — and can deny claims on a non-owner-occupied home. Landlord insurance (often a DP-3 dwelling policy) is built for rentals: it covers the structure, your liability as the owner, and loss of rental income if a covered loss makes the unit unlivable. Whether you own one rental house or a small portfolio, we shop carriers to protect your investment and your cash flow.
Who this is for
Single-property landlords
One rental house, duplex, or unit you lease out long-term.
Small portfolio owners
Several doors that need consistent, competitive coverage.
Accidental landlords
Renting out a former primary home you have moved out of.
What it covers
- Dwelling & other structures (DP-3)
- Owner / landlord liability
- Loss of rental income (fair rental value)
- Optional vandalism and tenant-damage coverage
- Coverage for long-term and mid-term rentals
- Coordinates with tenant renters policies
Landlord vs. homeowners: why you need a DP-3
The day you hand a tenant the keys, your homeowners policy stops fitting the property — and can deny a claim on a home you no longer occupy. Landlord coverage, usually written on a DP-3 dwelling policy, is built for rentals: it protects the structure on an open-perils basis, covers your liability as the owner, and replaces lost rent if a covered loss makes the unit unlivable. Whether you’re an intentional investor or an “accidental landlord” renting out a former home, it’s the right form.
Loss of rent: protecting your cash flow
A fire or major water loss doesn’t just damage the building — it stops the rent. Fair rental value coverage on a DP-3 replaces the income you lose while the unit is being repaired, so your mortgage and expenses don’t fall on you while the property is down. We size that limit to your actual rent roll so it genuinely covers the gap.
Require your tenants to carry renters insurance
Your landlord policy covers the building and your liability — it does not cover your tenant’s belongings or their personal liability. The smartest landlords require tenants to carry their own renters insurance, which reduces disputes after a loss and keeps tenant claims off your policy. We’ll explain how the two policies work together and can help your tenants get covered too.