Residential Rental Property Insurance

Owning rental property is one of the most effective ways to build long-term wealth — but it also comes with a set of exposures that a standard homeowners policy was never designed to cover. The moment a property is rented to a tenant, it becomes a commercial asset, and it needs to be insured like one. Whether you own a single rental home, a portfolio of single family properties, a duplex, or a large apartment complex, the right insurance program protects your investment, your income, and your liability.

Etowah Insurance Group builds rental property insurance programs for individual landlords and investment property owners of all sizes. We work with carriers that specialize in rental and investment property, which means better coverage terms, competitive pricing, and policies that are actually designed for the risks landlords face — not policies written for owner-occupied homes that have been stretched to cover a rental situation.

Property and Liability Coverage

Rental Property Coverage

Dwelling coverage is the foundation of every rental property policy. It covers the structure of the building itself — walls, roof, floors, built-in fixtures, and attached structures — against covered perils including fire, windstorm, hail, lightning, vandalism, and more. For single family rentals, coverage is typically written on a replacement cost basis so a total loss does not leave you short. For multifamily properties and apartment complexes, we build programs that cover the full replacement value of larger structures with the endorsements needed to address the unique risks of properties with multiple units and higher tenant turnover.

Premises liability is equally critical. As a landlord, you are responsible for injuries that occur on your property — a tenant who slips on a wet stairwell, a guest injured on a balcony, or a visitor hurt in a common area. Liability coverage protects you against bodily injury and property damage claims brought by tenants, guests, and others, and it pays for your legal defense when a claim goes to litigation. For apartment complexes and larger multifamily properties, we make sure liability limits are appropriate for the size and occupancy of the building.

Loss of Rents and Additional Coverages

Loss of Rental Income Coverage

Loss of rental income coverage — also called fair rental value coverage — is one of the most overlooked and most important parts of a landlord policy. If a covered loss makes your property uninhabitable and your tenants have to vacate, this coverage replaces the rental income you lose while the property is being repaired. Without it, you are still responsible for your mortgage, property taxes, and insurance premiums with no income coming in. For landlords with multiple properties or larger complexes, this exposure can be significant, and we make sure the coverage period and limits are built to match your actual rental income.

Additional coverages we routinely include in rental property programs include vandalism and malicious mischief, building ordinance or law coverage — which pays the additional cost to rebuild to current code after a loss — landlord contents coverage for appliances and fixtures you own inside the units, and umbrella or excess liability for landlords who want higher limits of protection across their entire portfolio. We also discuss flood insurance for any properties in or near flood zones, since standard property policies exclude flood as a covered peril.

A Complete Rental Property Insurance Program Includes:

Whether you own one rental home or a portfolio of multifamily properties, a properly structured landlord insurance program covers the building, your liability, and your income — not just the structure. Standard homeowners policies are not designed for rental situations and often exclude or limit coverage once a tenant is in place. A dedicated landlord or dwelling fire policy closes those gaps and gives you the protection your investment deserves.

We work with carriers that specialize in residential investment property, from single family rentals and small multifamily properties to large apartment complexes. We review your full portfolio, identify coverage gaps, and build a program that protects every property you own under a structure that makes sense for how you invest.

Dwelling / Building Coverage
Premises Liability
Loss of Rental Income
Vandalism & Malicious Mischief
Landlord Contents

Building Ordinance / Law
Flood Insurance
Umbrella / Excess Liability
Apartment Complex Programs
Portfolio & Blanket Coverage

At the central core of your risk management

Licensed Insurance Broker • All 50 States

Residential Rental Property Insurance

Property and Liability Coverage

Loss of Rents and Additional Coverages

A Complete Rental Property Insurance Program Includes:

At the central core of your risk management

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