Owning rental property comes with financial risks, from tenant damages to liability claims. Landlord insurance provides coverage beyond a standard homeowners policy, ensuring your investment is protected. At Washington First Insurance, we help property owners secure the right coverage for single-family homes, apartments, and multi-unit properties.
Standard homeowners insurance doesn’t cover rental properties. Landlord insurance ensures you’re financially protected from unexpected damages, tenant-related risks, and liability claims. Explore key coverage options below.
Covers structural damage from fire, storms, vandalism, and other covered events, ensuring your rental stays in top condition.
Protects landlords from legal and medical expenses if a tenant or visitor is injured on the property.
Reimburses lost income if a covered event makes the rental unit uninhabitable, helping landlords avoid financial setbacks.
Homeowners insurance covers owner-occupied homes, while landlord insurance is designed for rental properties, covering tenant-related risks, liability, and loss of rental income.
It depends. Some policies cover accidental damage, while intentional damage by tenants may require additional coverage. We can help you find the right protection.
While not legally required, most mortgage lenders and lease agreements require landlords to carry insurance to protect their investment.
Standard policies don’t cover legal fees for evictions, but additional coverage options may be available. Our team can guide you through your options.
Coverage should reflect your property’s value, potential liabilities, and rental income risks. We’ll help assess your needs and find the best policy.