Landlord Insurance · Minnesota
A standard homeowners policy doesn't cover rental properties — and a gap between your tenant's lease and your insurance can leave you exposed to significant losses. Landlord insurance (also called dwelling fire insurance) is designed specifically for properties you rent to others.
What's Covered
A standard homeowners policy doesn't cover rental properties — and a gap between your tenant's lease and your insurance can leave you exposed to significant losses. Landlord insurance (also called dwelling fire insurance) is designed specifically for properties you rent to others.
Covers the structure of your rental property against fire, wind, hail, vandalism, and other covered perils. Coverage should be based on replacement cost — what it would cost to rebuild, not market value.
Covers you if a tenant or visitor is injured on your property and sues. Essential for landlords — slip-and-falls, stairway accidents, and habitability claims are among the most common rental property lawsuits.
If a covered loss makes your rental unit uninhabitable, this coverage pays the rent you would have collected during repairs — up to 12 months in most policies. Critical for landlords who depend on rental income.
Covers detached garages, sheds, fences, and outbuildings on the rental property. Make sure the limits are adequate if you have significant additional structures.
Tenant-caused damage and vandalism are covered — but there are often exclusions or sublimits depending on the policy and how the damage occurred. We'll review this carefully.
Covers appliances and furnishings you supply with the rental — refrigerators, stoves, washers, dryers. Tenant belongings are covered by their own renters insurance, not your landlord policy.
Why Dayton Insurance
We're not tied to one carrier's products. We shop across multiple companies to find the right fit — and stay with you through every renewal.
Not every carrier writes this coverage well. We work with specialty markets that understand your situation — and price it accurately.
We compare across multiple A-rated carriers to find coverage that fits your situation, not a one-size-fits-all policy.
From your first quote through every renewal, you work with the same licensed Minnesota producer — not a different rep each time.
Ready when you are
Fill out the form and we'll get back to you within one business day. Prefer to talk now? Call or text (651) 243-0056.
Common Questions
No. Standard homeowners policies are designed for owner-occupied homes and exclude coverage when the property is rented out. Renting your home without switching to a landlord policy puts you in a coverage gap.
Yes — strongly recommended. Tenant renters insurance covers their belongings and provides liability coverage for them. It also reduces the likelihood they'll make a claim on your policy for their own property losses.
It depends on the carrier and policy. Intentional damage by tenants is often excluded. Some policies include vandalism coverage; others offer tenant damage endorsements. We'll clarify what's covered before you buy.
Most carriers can write multiple properties on one policy or schedule them together, which simplifies management and can improve pricing. We can help you structure coverage across your entire portfolio.
