Landlord Insurance

Get a landlord insurance policy to protect your investment.

Do you rent out a house or condo?

Log in to your GEICO Account

If you have a GEICO login for your Auto or Motorcycle policy, you can also access your Landlord policy.

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With just a few clicks you can look up the GEICO Insurance Agency partner your landlord insurance policy is with to find policy service options and contact information.

Need a landlord insurance quote?

Existing policyholder?

What is landlord insurance?

Landlord insurance helps protect you financially from damages or injuries related to a rental property. Property owners should consider a landlord home insurance policy if they're responsible for the entire building, including the exterior and roof. We can also help you find a landlord policy if you own a condo unit and rent it out. This is different from a landlord policy for a building homeowner, since you do not own the entire structure. Contact us today if you have further questions about determining the best type of property insurance or renters insurance for your needs.

Landlord insurance helps you rent your property with confidence.

Whether you own multiple rental properties or need to sublet your home for a year while you travel for business, we can help. The GEICO Insurance Agency can help you get the landlord coverage you need and the peace of mind you desire. Call us at (800) 841-3005 for a free landlord insurance quote.

Landlord Insurance Coverages

Landlord policies protect you and your investment. Most policies include coverage for:

  • Structure damage
  • Liability situations
  • Additional out of pocket expenses
  • Landlord furnishings and appliances

We're here to help you find the landlord insurance policy you need. Call (800) 841-3005 today for a free landlord insurance quote.

Tenant Types

To make sure you have the right policy for your rental property, consider the rental experience you offer. Three common situations are:

  • Long-term rental (more than 6 months)
  • Occasional short-term rental
  • Frequent short-term rental (ex. Airbnb)

If you offer short-term rentals, you may need a commercial insurance policy specific to your needs.

What does landlord insurance cover?

Property Investment

Whether you rent a single-family home, condo, or townhouse, landlord insurance covers:

  • Damage to the residence.
  • Damage to permanent structures on the property or onsite property maintenance equipment (such as lawnmowers owned by you).

Personal Protection

In the event of a covered loss, landlord insurance may also cover:

  • Lost rent payments if property repairs result in a temporary vacancy.
  • Liability coverage if someone is injured on the property.

Extra Options

Depending on your situation, you may want to consider additional coverage for things like:

  • Vandalism damage or if items you own are stolen from the property.
  • Additional construction expenses to bring the building up to code compliance after it's been damaged.

What is not covered by landlord insurance?

Landlord insurance policies help you rent your property with peace of mind for most unplanned expenses. Landlord insurance doesn't cover normal maintenance or property wear and tear, including landlord furnished appliances. It also doesn't provide coverage for earthquake damage. Some other commonly excluded items include:

Water Back-up

Damage caused when water or sewage backs up into your home is not covered under a basic policy. You may be able to purchase additional coverage for this type of loss.

Short Term or Vacation Rentals

Landlord policies are intended for "non-owner occupied" properties. So, renting out a room or floor of the home you live in, or renting out the entire home for one or two short-term rentals, may require additional coverage on your homeowners policy rather than a landlord policy.

Flood Damage

Landlord policies also don't provide coverage for floods. A flood insurance policy can be purchased if it is needed.

How much is landlord insurance?

The cost of landlord insurance varies depending on several factors, including the location of the rental property, its size and age, local weather conditions, and the type of coverage selected. The property's construction materials, security features, and the landlord's claims history also affect premiums.

To lower the cost of your landlord insurance, ask your provider about any available discounts and consider adjusting your coverage limits.

How to compare landlord insurance quotes

When comparing landlord insurance quotes, start by evaluating the extent of coverage each policy offers, including property damage, liability protection, loss of rental income, and optional add-ons like legal expense coverage or emergency repair services. Pay attention to the policy limits, deductibles, and any exclusions that might affect your coverage.

How to save money on your landlord insurance with GEICO

GEICO can get you discounts to help make your landlord insurance more affordable, including:

  • Military Discount: Veteran, reserve, and active-duty military personnel may be eligible for reduced premiums.
  • Pay-in-Full: Pay your full premium upfront and avoid monthly installment or transaction fees.

Need to speak with a sales agent?

You can reach a sales agent at (800) 841-3005.

  • Hawaii
  • Mon - Fri
    8:00 AM - 4:30 PM (HST)
  • All Other
  • Mon - Fri
    7:00 AM - 11:00 PM (ET)
  • Sat - Sun
    8:00 AM - 10:30 PM (ET)

Landlord Insurance: Get the answers you're looking for.

  • Is landlord insurance required?
    Landlord insurance is not legally required, but it is highly recommended for property owners who rent their properties because it protects against potential financial losses such as property damage, liability claims, and loss of rental income. It's also important to note that some mortgage lenders may require landlords to have this insurance as a condition of the loan.
  • Does landlord insurance cover water damage?
    Yes, landlord insurance typically covers water damage, but the specifics depend on the policy. Coverage usually includes sudden and accidental water damage from sources like burst pipes or appliance leaks, but may exclude damage from gradual leaks or flooding unless additional coverage is purchased. Be sure to talk to your insurer about your specific policy's water damage coverage.
  • Is landlord insurance the same as homeowners insurance?
    No, landlord insurance is not the same as homeowners insurance. While homeowners insurance covers owner-occupied properties, landlord insurance is specifically designed for rental properties and includes coverage for liability, loss of rental income, and damages caused by tenants.
  • Does landlord insurance cover tenant damage?
    Yes, landlord insurance typically covers tenant damage, but it often depends on the circumstances and the specific policy. Most policies include coverage for accidental damage caused by tenants, but intentional damage or neglect may not be covered.

Please note:

The above is meant as general information and as general policy descriptions to help you understand the different types of coverages. These descriptions do not refer to any specific contract of insurance and they do not modify any definitions, exclusions or any other provision expressly stated in any contracts of insurance. We encourage you to speak to your insurance representative and to read your policy contract to fully understand your coverages.

Landlord coverages are written through non-affiliated insurance companies and are secured through the GEICO Insurance Agency, LLC. The information you provide will be shared with our business partners so that they can return a quote.