Source: Point 2 Homes —
What is Landlord Insurance?
Landlord insurance is a policy that is specifically designed to protect owners of rental properties. There are different levels of coverage, but for the most part, the policy is aimed at non-owner-occupied properties inhabited by tenants. It covers many of the same things as the typical homeowners insurance and includes several additional points specific to rentals.
What Does Landlord Insurance Cover?
Most landlord policies are built on three major protections: damage to the property, loss of income and liability protection. Let’s take a closer look at each.