Landlord insurance is a policy for someone who rents out a home they own. This type of insurance typically includes two different types of coverage: property and liability protection. Both coverages are intended to help protect you, the landlord, from financial losses.
 

A comprehensive landlord insurance policy will have some primary protections:

Dwelling Coverage

Dwelling coverage pays to fix or rebuild a home should a covered loss occur. Coverage is offered for fires, storms, theft and more!

Loss of rent

Should something cause your property to be uninhabitable this feature provides temporary rental reimbursement to cover the rent money you’d otherwise receive if tenants could be occupying the property.

Liability Insurance

Liability Insurance helps protect your assets as well as covering the costs of your defense if legal action is taken against you or your family for bodily injury or property damage.

Your Investment

Landlord insurance offers property owners protection from financial losses related to damages or injuries.

Landlord insurance is important because it protects you from financial loss resulting from accidents, natural disasters, injuries and other liability issues associated with your rental property.

It also provides reimbursement for loss of rental income and can cover any repairs or even the entire replacement of a rental property structure.