Investment & Rental Properties
Tailored coverage for your non-owner-occupied real estate. We structure landlord policies (DP-3) designed to help protect the physical building, defend against premises liability claims, and help secure your cash flow through loss of rent coverage.
Property Risk Profile
Renting out a property carries unique risks that standard homeowners policies explicitly exclude. The primary exposures include severe structural damage, tenant negligence, and third-party liability claims if a tenant or guest is injured on the property. Furthermore, a major property loss halts your rental income. A proactively managed landlord policy is designed to help protect the physical asset while aiming to bridge the gap in lost revenue during repairs.
Core Coverage Considerations
A foundational insurance strategy for an investment property typically includes these core components to help protect your assets and cash flow.
Dwelling Coverage (Coverage A)
Engineered to help cover the cost of repairing or rebuilding the physical structure of your rental property following a fire, windstorm, or other covered peril.
Fair Rental Value (Loss of Rent)
Designed to help replace the lost rental income you would have collected if a covered peril renders the property uninhabitable during repairs.
Premises Liability Protection
Helps provide legal defense and settlement coverage if you are found legally responsible for bodily injury or property damage occurring on the rental premises.
Other Structures (Coverage B)
Dedicated protection designed to cover detached structures on the property, such as detached garages, storage sheds, or custom fencing.
Landlord Furnishings (Personal Property)
Designed to help protect the appliances, lawn equipment, or furnishings you own and keep on the property to service the rental. (Note: Tenants must secure their own renters policy to cover their personal belongings).
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Don’t leave your rental income and personal wealth exposed. Let our risk advisors help you find the right landlord coverage for your real estate portfolio.