landlord insurance
Lessor's property protection
Landlord insurance is property insurance specifically for rental properties, covering damage to the building, liability claims from tenants or visitors, and often loss of rental income if the property becomes uninhabitable.
Standard homeowner's policies typically exclude rental situations, making separate landlord coverage necessary: The landlord insurance covered repairs after the tenant's kitchen fire.
- rental propertyReal estate generating tenant income
- fire damageDestruction from flames
- water damageDestruction from liquid intrusion
- theft protectionSafeguards against stealing
- legal feesPayment for counsel
- insurancecoverage, underwriting, premium, claims, policyholder
- property insurancehurricane coverage, property coverage, hail damage, property damage, coverage limits
- housingapartments, home, house, houses, homes