Landlord

Landlord insurance is a type of property insurance designed specifically for individuals who rent out residential buildings or homes to tenants. It provides coverage for a variety of risks faced by landlords, such as property damage caused by tenants, lost rental income if the rental unit becomes uninhabitable, liability protection in case a tenant or guest is injured on the property, and in some cases coverage for vandalism or theft of the landlord’s personal property used to service the rental. Landlord insurance policies can be customized with different deductibles and coverage limits to fit the specific property and the landlord’s needs. It gives landlords added financial protection beyond a standard homeowners insurance policy.