Looking for Lessor (Landlord) Insurance?
Protect your rental property from tenant injuries, property damage, lost rent, and liability claims. Get coverage for residential landlords, commercial property owners, and real estate investors.
What is Lessor (Landlord) Insurance?
Lessor insurance protects property owners from tenant injuries, property damage, liability claims, and loss of rental income. Coverage includes property insurance, liability protection, and loss-of-rent coverage. Mortgage lenders and property managers typically require proof of insurance before financing or management agreements.
Property Protection
Covers rental buildings, units, and landlord-owned fixtures against fire, storm damage, vandalism, and covered losses.
Liability Coverage
Protects against injuries to tenants or visitors on the rental property.
Loss of Rents
Replaces rental income when the property becomes uninhabitable due to a covered loss.
Umbrella Coverage (Optional)
Provides additional liability protection for larger property portfolios.
Certificates
Fast proof for lenders, property managers, and contractual requirements.
Who Needs Lessor (Landlord) Insurance?
- Residential landlords : Businesses requiring specialized insurance coverage
- Commercial property owners : Businesses requiring specialized insurance coverage
- Real estate investors : Businesses requiring specialized insurance coverage
- Multi-property owners : Businesses requiring specialized insurance coverage
Why Harper?
Rental Property Expertise
Harper understands landlord risks: tenant injuries, property damage, vacancy losses, and liability exposure.
Fast Proof for Financing & Management
Mortgage lenders and managers require insurance before approving a loan. We deliver certificates quickly.
Clear Explanation of Coverage Gaps
We explain how landlord insurance differs from homeowners insurance and why proper coverage matters.
Coverage for Any Property Type
Policies are tailored for single-family rentals, multi-unit buildings, commercial properties, and mixed-use portfolios.
Frequently Asked Questions
What insurance do landlords need?
Most landlords need property insurance, general liability, loss of rents coverage, and umbrella protection. Flood insurance may be required in high-risk areas.
Is lessor insurance required?
Mortgage lenders require it. Some municipalities also require minimum liability coverage for rental properties.
How much does lessor insurance cost?
Single-family rentals typically cost $800–$2,000 annually. Multi-unit properties may cost $3,000–$15,000+, depending on size and value.
Does insurance cover tenant-caused damage?
Landlord policies cover sudden accidental damage but exclude normal wear and tear. They provide broader protection than homeowners' insurance.
Does insurance cover lost rent?
Yes. Loss of rents coverage replaces rental income when a covered loss makes the property uninhabitable.
Can I require tenants to carry renters' insurance?
Yes. While tenants can’t require landlords to carry insurance, landlords should require renters' insurance to reduce liability exposure.