Landlord insurance is a crucial safeguard for property owners, offering coverage for various risks associated with renting out properties. However, it’s equally important to understand what isn’t covered by these policies to avoid unexpected financial burdens.
Landlord Insurance Exclusions 
The following are typical exclusions for landlord insurance:
- Tenant’s personal property—Landlord insurance typically does not cover the personal belongings of tenants. If a tenant’s possessions are damaged or stolen, they would need renters insurance to cover the loss.
- Maintenance and wear and tear—Regular maintenance issues and the natural wear and tear of the property are not covered. This includes things like plumbing repairs, roof replacements due to age or repainting walls. These costs are considered part of the routine upkeep that landlords are responsible for.
- Intentional damage by tenants—While landlord insurance may cover accidental damage caused by tenants, it usually does not cover intentional damage or vandalism by tenants. Landlords may need to pursue legal action against tenants to recover these costs.
- Unoccupied property—If a rental property is vacant for an extended period, standard landlord insurance policies may not offer coverage. Special vacant property insurance might be required in such cases.
- Flood and earthquake damage—Standard landlord insurance policies often exclude natural disasters like floods and earthquakes. Landlords in high-risk areas may need to purchase additional coverage specifically for these events.
- Acts of war and government actions—Damage resulting from acts of war or government actions, such as property seizure, is generally not covered by landlord insurance.
Learn More
Understanding these exclusions helps landlords better prepare and protect their investments. Contact Arches Insurance to discuss the capabilities of landlord insurance.
This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.