Owning rental property is a significant investment. Hill Agency makes sure your coverage goes beyond a standard homeowners policy to protect the unique risks landlords face.
Every policy is built around your situation. We review what you have, find the gaps, and make sure you’re protected before you need to file a claim.
Covers the building structure of your rental property against covered losses like fire, windstorm, hail, vandalism, and more.
If your rental property becomes uninhabitable after a covered loss, this coverage replaces the rental income you lose while repairs are made.
If a tenant or guest is injured on your rental property and sues you, liability coverage pays for legal defense and any resulting judgment against you.
Covers appliances, maintenance equipment, and other property you own that's kept at the rental, not your tenants' belongings.
Protects against intentional damage to your rental property, including damage caused by tenants or break-ins during vacancy.
For landlords with multiple properties, adding a personal umbrella policy provides an extra layer of liability protection above your primary policy limits.
Yes. A standard homeowners policy is designed for owner-occupied homes and won't cover risks specific to rental property, like loss of rental income or tenant-related liability. If you're renting out a property, you need a landlord or dwelling fire policy.
No. Your landlord policy covers the structure and your own property. Your tenants are responsible for insuring their own belongings with a renters insurance policy. Many landlords now require tenants to carry renters insurance.
If a covered event, like a fire, makes your rental unit unlivable, loss of rents coverage replaces the rental income you would have received during the repair period. Without it, you could still owe a mortgage while collecting zero rent.
Renting any part of your home to non-family members may void coverage under a standard homeowners policy. We review your specific situation and make sure your coverage is structured correctly for the way you use your property.
Standard landlord policies don't cover legal costs for eviction proceedings. However, your liability coverage can help if a tenant sues you for wrongful eviction or other disputes. We can discuss your specific situation.
Most policies have gaps. We find them before a claim does. Get a free, no-obligation review from Hill Agency & Associates.
This information represents only a brief description of coverages, is not part of your policy, and is not a promise or guarantee of coverage. Insurance policy terms and conditions may apply. Exclusions may apply to policies, endorsements, or riders. Coverage may vary by state and may be subject to change. Some products are not available in every state. Please read your policy and contact your agent for assistance. Products underwritten by American Family Mutual Insurance Company, S.I. and its Operating Companies.
