Landlord insurance for California rental properties: building coverage, loss of rental income, and premises liability for 1–4 unit residential rentals.
Landlord insurance (dwelling fire / DP-3 policy) protects owners of 1–4 unit rental properties from the property and liability risks that come with renting residential units. Unlike your primary homeowners policy (which requires owner-occupancy and excludes rental income) or a commercial habitationa…
No. Standard homeowners policies require you to occupy the home as your primary residence. If you move out and rent to tenants, the homeowners policy no longer applies and will deny claims. You need a dwelling fire (DP-3) or landlord policy from the …
No. A landlord policy covers the building and your liability — not tenants' personal property. Your tenants need renters insurance for their own belongings. Many landlords now require renters insurance as a lease condition.