Landlord/Rental Property Insurance

Aspen Insurance Agency provides a wide range of landlord and rental property insurance policies designed to protect investment properties. A standard dwelling fire policy form used for landlord and rental properties, helps protect your rental home and any permanent structures on your property from a list of covered perils.

A dwelling fire policy is similar to a homeowner’s insurance policy, with one important difference. Homeowner’s insurance applies when the owner lives in the home. A dwelling fire policy applies when the owner rents the home to someone else.

Covered Perils in a Dwelling Fire Policy

A landlord or rental property insurance policy may provide protection from the following:

• Fire or lightning
• Aircraft damage
• Volcanic eruption
• Smoke damage
• Vehicles owned by others
• Riot or civil unrest
• Hail or windstorm
• Explosion

Additional Coverage Options

Landlord insurance policies can include several valuable coverages to help protect your property and your financial investment.

Coverage for Other Structures

Detached structures such as garages and sheds are covered up to ten percent of the dwelling coverage limit when damaged by a covered peril.

Personal Property Coverage

This optional coverage protects the landlord’s personal belongings used to maintain the rental property.

Reasonable Repair Coverage

If immediate repairs are needed to prevent further damage, such as covering a damaged roof after a storm, the policy reimburses reasonable repair expenses.

Vandalism and Malicious Mischief Coverage

Optional protection for damage caused by intentional acts of vandalism.

Personal Liability Coverage

Optional liability coverage protects the property owner if they are legally responsible for injuries or property damage caused to others. This applies both on the rental property and in some cases away from the property.

Premises Liability for Rental Homes

This important optional coverage protects landlords if a tenant or visitor is injured on the rental property and the landlord is held liable.

Get a Rental Property Insurance Quote

Contact Aspen Insurance Agency today to request a landlord insurance quote and learn more about your coverage options.

About Aspen Insurance Agency

Aspen Insurance Agency is based in Denver, Colorado, and serves clients nationwide. As a family owned agency, we work with multiple insurance carriers to offer affordable and comprehensive insurance solutions. We provide personal, commercial, and professional insurance to residential and commercial clients, helping you secure the coverage you need at the lowest possible cost.