Landlord Insurance
In short
Landlord insurance covers a home you rent to others: the building after a covered loss such as fire, wind or hail, your liability as its owner, and the rent you lose while it is being repaired. FCI Agency represents many carriers and compares their policies for you, at no additional cost to you, and your advisor stays your one contact.
Landlord insurance with FCI Agency
Once tenants move in, a homeowners policy usually stops fitting the home. A landlord policy is written for a house, condo or mobile home you own and rent to others, and your FCI advisor compares them across the carriers we represent.
What landlord insurance covers
Coverages and their names vary by carrier and policy; your advisor shows you what each quote includes.
- The building
- Repairs or rebuilds the rental home after a covered loss, including attached structures such as a garage or deck.
- Other structures
- Covers a detached garage, a shed or a fence on the rental property.
- Lost rent
- Replaces the rent you would have collected while a covered loss leaves the home unlivable and under repair.
- Landlord liability
- Covers your legal responsibility as the owner if someone is injured on the property or their property is damaged, including the cost of defending you.
- Your property there
- Covers appliances, furniture and equipment you own and keep at the rental for your tenants, up to a limit.
What a policy may not cover
Your tenants’ belongings and their own liability. Those are for their renters insurance, which many landlords require in the lease.
Flooding: water that rises from outside. Flood insurance is a separate policy.
What is Flood Insurance?Wear and tear, and damage from neglect or a slow leak over time.
Damage while the home sits vacant for a long stretch, which many policies limit. Tell your advisor when a rental will be empty.
Short-term rentals, which many landlord policies exclude or limit unless you add coverage for them.
What drives the price
Your advisor compares these across carriers for you.
The building
Its age, construction and size, and the age and condition of the roof, wiring, plumbing and heating.
Where it is
Weather risk in your area and the distance to a fire station and fire hydrant.
How you rent it
The number of units, long-term or short-term tenants, and whether it comes furnished.
Your deductible
A higher deductible lowers your premium. Many policies carry a separate deductible for wind or hail.
Landlord insurance questions
Usually not. A homeowners policy is written for a home you live in. Once you rent the home to tenants, it needs a landlord policy, and your advisor can move it over.
Yes. Your policy covers the building, not their belongings or their liability. Many landlords require renters insurance in the lease.
Owning rental property adds to what you could be sued for. An umbrella policy adds liability coverage above your landlord, home and auto policies.
Your landlord insurance advisors
Call or email any of them, or send the form below.
Jason Acosta
Personal Lines Account Manager
Carolyn Hilton
Personal Lines Manager
Anna Hobbs
Personal Lines Account Manager
Candice Bishop
Marketing and Account Manager
Specializes as an Account Manager in personal lines.
Amanda Hopper
Insurance Advisor
Get a quote
What happens next
Step 1: Tell us what you need
Share what you have today and what you want covered, online or on a call.
Step 2: We compare the carriers
Your advisor compares plans from the carriers we represent, at no additional cost to you.
Step 3: You choose, and keep one contact
Your advisor walks you through the options and stays your one, easy-to-reach contact after you buy.
