Landlord insurance
Landlord insurance
As a landlord, you’re exposed to various risks that can result in significant financial losses. These risks can range from property damage to liability claims, making it essential to have the right insurance coverages in place.
Our Landlord insurance is designed to protect landlords from financial losses related to their rental properties.
As a landlord, your insurance needs differ from a standard Homeowners policy, and coverages need to include your dwelling, as well as other structures, some personal property, and liability coverage. We have a full-suite of options to customize your policies with coverages for Loss of Rents, Personal Injury, and much more.
Protecting your rental property is paramount. Landlord insurance is an indispensable investment for landlords and renters alike. By safeguarding your property against unexpected risks and providing protection for your tenants, you create a secure and stable environment for all parties involved. By having the proper insurance, you minimize the financial burden of repairing or rebuilding damaged property, ensuring the preservation of your investment. And tailoring your policy to your specific needs will ensure comprehensive coverages, as well as peace of mind.
A few things to remember:
It’s a common misconception that your tenant's personal belongings will be covered by your Landlord insurance. Each tenant should have Renters insurance for their own protection. We’re happy to work with your tenants to help them secure Renters policies.
Your Homeowners insurance policy will not cover any homes that you're renting out. That means any damage to the home, the belongings inside you may own, or lawsuits against you will not be covered unless you secure a separate Landlord policy.
Contact us to discuss your rental property portfolio, so we can provide you with the best Landlord insurance available in California.
Do your Renters have their own insurance?
California landlords are allowed to require tenants to obtain and maintain Renters insurance while they are under the terms of their lease. We can help your tenants secure Renters coverages.
Maximize Your Protection
Being a landlord comes with inherent risks. While a basic policy may seem sufficient, it often falls short when unexpected events occur, leaving you unprotected and vulnerable.
We have extensive coverage options to meet your specific needs and address potential gaps, and significantly enhance your Landlord insurance protections.
Options for policy customization include:
Optional comprehensive property coverage can help with damage if a storm or other weather event is covered by your policy.
Other structures coverage can help with structures that aren’t physically connected to the residence — including garages, sheds, swimming pools and driveways.
Personal injury coverage can help if you’re sued for wrongful eviction.
Named-peril coverage can help with coverage for specific perils that you choose, including water from bursting pipes.
Personal property coverage can help protect if personal belongings you store on the premises are damaged or stolen.
Optional landlord liability coverage can help with hospital bills and lost wages if you’re legally responsible for his injury.
Loss of rents coverage can help with the loss of rental income if the property becomes uninhabitable by a covered event like a fire or storm.
Expanding Your Rental Property Portfolio?
We work closely with the best real estate professionals in California, and would love to help you secure new rental properties. Ask us how we can help protect your property assets to expand your revenue streams.
We offer a quick and reliable way to screen potential tenants through SmartMove™.
This free service that can provide an in-depth tenant suitability report within minutes. There are no setup or accounts fees, and you don’t have to collect personal information from applicants. All they need from you is an email address — they’ll contact the applicant and take care of the rest.