Landlord Insurance

Protection for property owners

Your rental property is more than just a way to generate extra income

It's an investment in your future. Guard your assets and mitigate the potential for financial losses with landlord insurance from Mercury.

Landlord insurance protects property owners who lease out single-family homes, duplexes, triplexes, and fourplexes against financial losses resulting from damage to the residence. Coverage can also extend to surrounding permanent structures on the property such as a shed or garage.

Condo Coverage

Landlord Coverage

What Landlord Insurance Covers

A landlord insurance policy helps cover costs to repair your rental if it is damaged by fire, lightning, wind, hail or any other covered losses. Along with safeguarding your property, landlord insurance includes premises liability protection that covers you in the event someone gets injured on your property and you are held legally liable for the injury.

If your tenant falls down the steps at your rental house and a court finds you failed to maintain the stairs or repair a broken railing, you could be held legally responsible for your tenant's medical and legal costs. Landlord premises liability coverage may help pay for those expenses.

Fair rental value coverage provides for lost rental income while your rental property is being repaired as a result of a covered loss.

Personal property coverage is also available to protect any household furnishings and appliances owned by you that are damaged in a covered loss. If you provide a refrigerator, washer and/or dryer for your tenant and those appliances are damaged in a covered loss, they can be repaired or replaced subject only to your deductible and policy limit.

Here's a list of some of the coverage1 options available from Mercury.

Call (800) 956-3728 today to speak to a Mercury Insurance agent to get the coverage you need.

1Please note that coverage options, restrictions and limitations vary from state to state. Ask your local Mercury agent for more information.

What Landlord Insurance Doesn't Cover

Landlord insurance policies don’t typically provide coverage for a renter's personal property such as their own furniture, clothes, electronics, etc. Your tenants should obtain renters insurance to cover their personal belongings and you may already require this as part of your lease agreement.

Neither regular maintenance nor wear and tear on a property are covered by landlord insurance. It is up to the landlord to monitor certain facets of the rental and keep them up to code.

Coverage for short-term rentals through a reputable website may be available, however, please check with your Mercury agent to confirm.

Great Coverage at the Right Price

Mercury is dedicated to providing you with the right coverage while at the same time saving you money. We offer some of the lowest rates around, but you could save even more money with our popular discounts.

  • Multi-Policy (Auto or Homeowners + Landlord)
  • Protective Devices (fire, theft, water leak detection)
  • Loss Free
  • Property Management
  • Renters Insurance

Help protect your property with Landlord Insurance from Mercury. Call (800) 956-3728 today to speak to a Mercury Insurance agent and get a landlord insurance quote in just a few minutes!

Home Security