Landlord Insurance
Protect the property you rent out and the investment behind it.
Owning a rental property comes with different responsibilities and risks than owning the home you live in. Your insurance should reflect that.
Based in Albuquerque, Western Assurance Associates serves clients throughout New Mexico, Texas, Colorado, and Arizona. Our team can help you explore coverage designed specifically for residential rental properties. Whether you own a single rental home or multiple properties, we can help you understand your options and find coverage that fits the way you manage your investment.
What can landlord insurance help protect?
Landlord insurance is designed for residential properties you rent to others. Exact protection will depend on the property, policy, limits, deductibles, and coverage options you choose.
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Helps cover the dwelling and certain other structures after a covered loss.
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Coverage may be available for appliances, furnishings, equipment, and other property you provide for tenant use.
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Helps replace certain rental income you lose if a covered loss makes the property temporarily uninhabitable.
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Helps protect you if you’re legally responsible for certain injuries or property damage associated with the rental property.
Why is landlord insurance different from homeowners insurance?
A traditional homeowners policy is generally designed for a home you occupy yourself.
Once a property is rented to tenants, the risks and coverage needs can change. Landlord insurance is designed around that different use.
If the property is an investment, the policy should reflect that.
What about your tenant’s belongings?
Landlord insurance protects the property owner—not everything your tenant brings into the home.
Furniture, electronics, clothing, and other personal belongings generally need to be protected by the tenant’s own renters insurance.
That’s one reason some landlords require renters insurance as part of the lease.
One rental property or several?
Your insurance needs can change as your rental portfolio grows.
Property type, occupancy, location, lease structure, and how each property is used can all affect the coverage available.
We’ll take the time to understand what you own and how you rent it before helping you explore your options.
Protection for the property.
Coverage built around the investment.
A rental property is more than a building—it’s part of your financial future.
At Western Assurance Associates, we’ll take the time to understand your property, how it’s used, and what matters to you, then help you explore coverage that fits.