Typically the property protection in a landlord insurance policy helps cover physical damages related to the property you’re renting out. This may include the dwelling and maintenance equipment you keep on site. Coverage generally includes:
Landlord insurance policy helps to pay for the repair of your rented home, condo or apartment if it is damaged by fire, lightning, wind, hail or other policy covered losses.
This part of the landlord insurance policy helps to pay for the repair of detached structures on your rental property, such as fence or garage if they are damaged under a covered loss.
- Personal Property Used to Service the Rental
If you leave a lawnmower or snow blower on your rental property for maintenance purposes, landlord insurance may help cover this equipment if it’s damaged. However, if you leave your personal stuff like, bike or DVD player at the rented property, most likely it won’t be covered under your landlord policy.