What's Covered
Covers the structure of your rental property if damaged by fire, wind, hail, or other covered perils. Protects your investment the way homeowners insurance protects an owner-occupied home.
Covers legal costs and damages if a tenant or visitor is injured on your property and sues. Critical for any landlord — one slip-and-fall can become a six-figure claim.
Pays your lost rental income if the property becomes uninhabitable after a covered loss. Keeps your cash flow protected while repairs are underway.
Covers detached garages, fencing, storage sheds, and other outbuildings on the property — not just the main dwelling.
Covers minor medical bills for anyone injured on your property, regardless of fault. Helps prevent small incidents from turning into lawsuits.
Covers damage caused by vandalism or theft between tenants or during vacancy periods — a risk owner-occupied homes rarely face.
Carriers We Shop for Landlord
Important Distinction
Once you start collecting rent, your standard homeowners policy may exclude claims entirely. Landlord insurance (also called a DP-3 or rental dwelling policy) is specifically designed for non-owner-occupied properties — and often costs 15–25% more than a homeowners policy due to the added risks tenants introduce.
Portfolio Coverage
Whether you own a single rental home or a growing portfolio of investment properties, we find the right coverage at the right price. We work with carriers that specialize in residential investment properties across Middle Tennessee.
We can also bundle your landlord policy with an umbrella policy for an extra layer of liability protection — especially important if you have significant assets to protect.
FAQ
Landlord insurance — also called a DP-3 or rental dwelling policy — is specifically designed for non-owner-occupied properties. Once you start renting out a home, your standard homeowners policy may exclude claims entirely. A landlord policy is required to be properly covered.
Landlord insurance typically costs 15–25% more than a comparable homeowners policy due to the additional risks tenants introduce. Most landlords pay $1,200–$2,500 per year depending on the property value, location, and coverage selected.
Yes, with the right policy. Loss of rent coverage pays your rental income if the property becomes uninhabitable after a covered loss — such as a fire — while repairs are underway. It's a critical coverage that many landlords overlook when they first purchase a policy.
Yes, and we strongly recommend it. An umbrella policy adds $1 million or more of liability protection on top of your landlord policy — important if a tenant or visitor is seriously injured and sues. The combination is highly cost-effective for any landlord with assets to protect.
You Might Also Need
Every landlord with assets to protect should layer an umbrella policy on top of their landlord coverage.
Learn More →We also protect your primary residence — and can bundle it with your rental property coverage.
Learn More →Consolidate your personal lines with one independent agent and one point of contact for every claim.
Learn More →Get a landlord insurance quote in minutes. We'll compare options across our carrier network to find the best fit for your rental property.
