Landlord Insurance Explained
Landlord insurance covers rental properties for risks a standard home policy doesn't, including loss of rent and tenant damage. Here's what it typically includes.
Landlord insurance is built for rented-out properties rather than owner-occupied homes, and covers risks a standard home policy usually excludes or doesn't anticipate: loss of rent if the property becomes uninhabitable, landlord's contents (furniture in a furnished let), and liability if a tenant or visitor is injured on the property.
It typically combines a buildings-insurance base with these landlord-specific extras. A standard home insurance policy usually isn't valid once a property is let out — most insurers require a separate landlord policy the moment a property stops being owner-occupied, so it's worth checking before renting a property out rather than after.