Landlord Insurance
Residential rental property coverage
Get to know your landlord coverage options
We understand that your rental property is a serious investment. Learn more about the unique coverages we offer below, then contact a local independent agent to discuss the right coverage for you and your residential property.
We offer so many more coverage options at Safeco. View all of our coverages below, then connect with a licensed independent agent near you to determine the best coverage options for your rental property.
You could save money with Safeco’s landlord insurance discounts4
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Insure your home, too
What’s the difference between landlord and homeowners insurance?
It’s a good question. Generally speaking, Landlord Insurance covers the protection of your rental properties, specifically the “dwelling” (the structure of the property) as opposed to your possessions, which are covered by Homeowners Insurance.
However, Safeco Landlord Insurance also offers extensive loss of use and liability coverage for your residential rental property including items such as microwaves, refrigerators, and washer and dryers being used by your tenants.1
Common landlord insurance questions
Looking for answers? Browse the most frequently asked questions below, or contact an agent to discuss Safeco landlord insurance today.
Yes — this coverage is specifically designed to protect landlords like you.
Safeco is one of the top providers of landlord insurance in the U.S. and covers residential rentals up to four units. This includes single family homes, condo units, duplexes, triplexes, and fourplexes.
This coverage protects you from damage to the dwelling and from certain types of liability unique to landlords such as wrongful eviction, wrongful entry, and invasion of privacy claims.
This insurance is intended for non-commercial residential properties. The retail space makes the building mixed-use, which is not a type of property Safeco landlord insurance covers.
In most states, Safeco will insure you if you own a maximum of 16 rental units. A duplex, for example, counts as two units. Safeco landlord coverage combines elements of commercial and personal insurance to give you the best possible protection.
To be eligible for a Safeco policy, all units should be occupied by a tenant. However, there are exceptions, so talk with your local independent agent about your options.
For example, if you're doing a light renovation between tenants, like painting or re-carpeting, you may be eligible to insure your rental with Safeco.
Landlord insurance is a great choice for rental properties made of standard, stick-built construction. We do not insure mobile or manufactured homes, homes listed in a historic registry, homes with open foundation construction, homes with farming exposures, or older homes with outdated electrical wiring.
Contact your local independent agent to discuss the construction details of your rental property.