As a landlord, you want insurance that’s tailored specifically to protect your residential rental property. You do your best to choose good tenants and the same goes for your insurance.
What's typically covered?
Other structures (i.e. garage or shed)
Personal property on the premises that you provide (i.e. stove, refrigerator, washer/dryer)
Loss of rents
- Personal injury–included under the liability coverage on most policies we offer. The coverage protects you against wrongful eviction and wrongful entry claims (please note these claims are investigated on a case-by-case basis).
Keep in mind that some coverages listed above are optional. If you're debating which coverages you need, we're here to help.
What are you covered against?
Each policy is different, but a standard dwelling fire policy (also known as a DP3) will generally cover your property against:
- Fire or lightning
- Riots or civil commotions
- Falling objects
If the property is vacant, these coverages may not be available. A standard dwelling fire policy won't cover damages caused by earthquakes or floods (those need a separate policy).
There may also be exclusions for water damage, vermin, mold or fungus, and wear and tear.