Landlord Insurance: Coverage For Rental Properties

If you rent your property, Farmers® offers insurance that meets real-world expectations. We specialize in helping landlords like you get the coverage you want at a good value.

The following are eligible for Landlord / Rental Property coverage:

  • Landlords with multiple properties
  • Single, duplexes, triplexes, and quads
  • Homes with minimal cosmetic conditions
  • Vacation rental homes
  • Short term rentals (daily, weekly, monthly)

The SmartMove™ Solution

Farmers Insurance is now offering a stress-free tenant screening solution through TransUnion.

Types of coverages and settlement options:

Comprehensive Property Coverage

We cover most direct, sudden, and accidental physical losses that aren't specifically excluded in your policy.

Named Peril Coverage

"Perils" (such as fire, explosion, lightning, windstorm and hail) that  are specifically named in your policy are covered, subject to policy exclusions and conditions.

Liability Coverage

This provides coverage if you're found legally responsible for an accident that causes injury to someone on the rental premises, subject to policy exclusions and conditions.

Modified Replacement Cost

Purchase Modified Replacement Cost coverage and receive a settlement that's equivalent to Repair Cost, Actual Cash Value or Market Value.

Optional Coverage For Landlords

  • Other Structures coverage
  • Personal Property coverage
  • Loss of Rents
  • Landlord Personal Injury

Medical Payments

We will cover the necessary medical expenses of someone other than the  policyholder on the rental premises, subject to policy exclusions and conditions.

Industry Leading Discounts

You may qualify for unique discounts, if you:

  • Use a property management company
  • Are a member of a landlord association
  • Conduct a thorough screening of your tenants
  • Insure more than one property
  • Have other coverages with Farmers

Contact an Agent and Get a Quote

Find out more about Landlord and Rental Property policies. Contact a local Farmers agent today for a quote.

This brief summary is not a policy document. Please read the actual policy documents for your state for important details on coverages, exclusions, limits, conditions, and terms. If there is any conflict between this summary and the policy documents, the policy documents will control. Not all products, coverages and discounts are available in every state.