Landlord Protection Insurance
Why do I need landlord protection insurance?
As a landlord, you want insurance that’s tailored specifically to protect your residential rental property. This is where landlord protection insurance (or dwelling fire) comes in. You do your best to choose good tenants and the same goes for your insurance.
What's typically covered?
The home and other structures on the lot
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).
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
If the property is vacant, these coverages may not be available.
What isn't covered?
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.