Landlord Property Insurance Details

Included coverage

The comprehensive policy option covers all causes of loss except any specifically listed in the policy documents. Losses are settled at the replacement cost, up to the policy limit. There is no depreciation deduction.

The flexible policy option covers just those causes of loss listed by name in the policy documents (fire, lighting, wind, hail, explosion, and others). Losses are settled for the actual cash value (ACV), which takes depreciation into account, or in many states we offer upgrades to full repair cost coverage or replacement cost coverage.

Both policy options cover damage to the home, plus

  • reasonable expenses for emergency repairs such as covering a roof after a storm
  • damage to other structures on the property
  • debris removal
  • fire department service charge

The comprehensive program adds coverage for

  • collapse
  • water and mold
  • improvements and alterations
  • trees, shrubs, lawn
  • vandalism

Loss of rent – Lost rental income is reimbursed if a covered peril causes sufficient damage that the tenant needs to move out and is no longer paying rent.


Optional coverage

Short-term rental permission – Rental terms less than three months, which are common in resort areas, can be accepted.

Short-term vacancy permission – A property between renters or undergoing renovations will be vacant for a few weeks or months. Adding the vacancy permission coverage keeps the property protected without the hassles of rewriting the policy.

Premises liability – Add protection for your liability if an injury occurs to someone while on the premises.

Personal property – Add coverage for items such as furnishings, appliances, linens and the like, owned by the landlord and kept in the rental property.

Breakdown protection – Widen the policy’s scope to include the repair or replacement of major appliances, HVAC and electronics due to mechanical or electrical failure.

Vandalism – Physical damage or defacement of the home is included with the comprehensive program, but optional for basic program.

Limited burglary – If a forced entry leaves signs of visible damage (for example broken window or jimmied door) we will cover the theft of personal items or permanently attached items such as a heat pump or even copper piping.


Flexible payment options

Automate monthly installments with EZPay, or pay by check or credit card, either in full or in four payments.

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