Property Insurance Options for Your Home

What is Property Insurance?

Property insurance is a type of insurance policy that can provide coverage for property owners or renters. Examples of property insurance include homeowners, renters, condo, landlord, mobile home and flood insurance policies. These policies can provide coverage for damages caused by fire, flooding, theft, weather, and other risks.

Get a property insurance quote through GEICO Insurance Agency for your home, apartment, and more. GEICO helps you find affordable coverage tailored to your needs.

How Does Property Insurance Work?

Property insurance is a contract between you and your insurance company. Here’s how it generally works:

  • You pay a premium for your policy
  • In return, the insurance company agrees to help cover certain types of damage or loss to your property, based on what’s outlined in your policy

"Property" can mean different things depending on the policy—it might include a building you own, the contents inside, or even equipment and inventory for a business. Your premium is usually based on:

  • The type and value of the property being insured
  • The location of the property
  • How the property is used (personal, rental, commercial, etc.)
  • Safety features like alarms or sprinkler systems
  • Your coverage limits and deductible

Let’s say a pipe bursts and floods your office, damaging equipment and furniture. Here’s what typically happens:

  • You file a claim with your insurance company
  • They investigate to confirm it’s a covered event under your policy
  • If it is, they’ll help pay for the damage, minus your deductible

In short, property insurance protects your investment and reduces your financial risk when unexpected damage happens to your home, business, or belongings.

Homeowners Insurance

Your home is often one of your largest investments. Make sure you're covered for the unexpected. Homeowners insurance covers more than just the house itself. The right coverage can help you replace items that you couldn't easily afford to replace otherwise. Check out just a few things you can expect when you insure your home through the GEICO Insurance Agency:

  • Coverage for items like furniture, appliances, clothing, and more
  • Discounts for things you already have like smoke alarms
  • Prompt and professional customer service

Renters Insurance

Did you know that when you rent your home, your belongings aren't covered by your landlord's policy? A renters insurance policy is an affordable way to ensure the things you work so hard for are protected.

  • Get coverage for your furniture, electronics, appliances, and other personal belongings
  • Use our personal property calculator to help see the coverage you may need
  • Multi-Policy Discount: you could qualify for discounts on your GEICO Auto policy

Start Renters Quote

Condo/Co-Op Insurance

While your condo association or co-op corporation has insurance on some things, this insurance doesn't cover your personal items or the interior of your unit. Make sure you're covered and see how much you could save through GEICO Insurance Agency.

  • Protection for losses such as fire, lightning, theft, and vandalism
  • Save money for having safety devices like alarm systems or deadbolts
  • Use our personal property calculator to calculate how much coverage you may need

Start Condo Quote

Mobile Home Insurance

You've worked hard to buy your home and the things you own, so make sure they're protected. Get affordable mobile or manufactured home coverage with a personalized policy through GEICO Insurance Agency.

  • Coverage for personal belongings and liability
  • Easy to pay your bill and manage your policy online
  • Use our personal property calculator to calculate how much coverage you may need

Start Quote

Landlord Insurance

Whether you own multiple rental properties or need to sublet your home for a year, a landlord insurance policy will help you rent your property with confidence.

  • Protection for damage to the residence, including permanent structures
  • Coverage for single family homes, condos, and townhouses
  • May cover for loss of rent in the event of a covered claim

Start Landlord Quote

Flood Insurance

Whether you're required to purchase flood insurance or looking for more protection, GEICO can help you with a flood insurance policy through the National Flood Insurance Program (NFIP).

  • Rates specifically tailored to your area
  • Use our personal property calculator to calculate how much coverage you may need
  • Backed by the federal government

Start Quote

Property Insurance FAQ

  • How much does property insurance cost?
    Property insurance premiums can vary based on a few key factors. Factors such as coverage limits and the type of property being insured, its value, location, and intended use all play a role. Safety features, such as fire alarms, security systems, and even the building’s construction materials, can also impact the cost.
  • Is property insurance the same as homeowners insurance?
    Homeowners insurance is a type of property insurance for people who own and live in their homes. Property insurance is a broader term that can include homeowners insurance, but also policies for rental properties, commercial buildings, personal belongings, and more.
  • What risks are typically covered by property insurance?
    That depends on your specific policy, but most property insurance plans cover things like fire, theft, vandalism, wind, hail, and water damage from certain sources like burst pipes. Some policies also include liability protection or cover loss of use if the property becomes temporarily uninhabitable. If you want to protect your property from floods or earthquakes, you may need a separate policy.
  • How can I get a quote for property insurance with GEICO through GEICO Insurance Agency?
    Getting a quote is easy. You can start online in just a few minutes, or speak with a GEICO agent who can walk you through the process. Be ready to provide details about the property, such as its location, how it’s used, and what kind of coverage you’re looking for. Once we have that info, we’ll help you find a policy that fits your needs.

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.

Homeowners, renters, condo/co-op, and mobile home 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.