What's the difference between homeowners insurance and landlord insurance?

I have home insurance on a place that I'm thinking of renting out. What differences are there, if any, between homeowners and landlord insurance?

Answer
Homeowners insurance covers you for a home that is both owned and occupied by the same person. If you own a home but rent it out to others for a fee, that is when you’d need landlord insurance. Landlord insurance is typically a little more expensive due to the risks and unknowns of a tenant living in the home. It also typically does not cover personal property since the owner would not be occupying the home.
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Alexah Grinnell
Answered on Mar 12, 2021
Alexah Grinnell has been working in the insurance industry for 5 years with a primary focus of coverage consulting in the sales department. She has been working for Jerry Insurance since July of 2019 and has also has experience working for AAA and State Farm. She currently lives in Rochester, NY with her husband and 3 kids
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