A Landlord Protection policy gives you coverage to rebuild the Dwelling as well as some Liability protection should somebody get injured while visiting. We always recommend our Landlords require their tenants carry a renters policy in their lease agreements and to be added as an Additional Interest to that renter’s policy.
This way if the renter has a dog, if the renter has to move elsewhere while repairs are being made or the renter wants to protect their own personal property and their own personal liability, they have the coverage they need.
This is how to properly protect yourself as a landlord as well as to help ensure your tenant is properly protected in the event of a loss/claim. This will help minimize the owner’s exposure to possible lawsuits.