Property & habitational

Landlords & apartment owners

Owners of rental homes and apartment buildings leasing to tenants.

Why it needs cover

The exposure

Owners face building property loss, tenant/visitor liability (slip-and-fall, negligence), and loss of rental income. Standard homeowner forms exclude rental use.

What we place

Coverages this class usually needs

Commercial property (building)Often (lender)

Fire, storm, vandalism to the buildingCore property exposure

General liabilityOften (lender)

Tenant/visitor injuryCommon-area and premises risk

Loss of rental incomeOptional

Lost rent after a covered lossRevenue continuity

Commercial umbrellaOften (lender)

Excess liabilityInjury severity

Equipment breakdownOptional

HVAC/electrical/plumbing failureSystem-heavy buildings

What it costs

National benchmark premiums

Rated on: Per unit / per door

General liability

bundled into the landlord/commercial property policy

Total annual (typical)

single-family landlord policies average roughly $1,478-$1,895/yr, ranging from about $892/yr in low-risk states like Idaho to $2,561/yr in Louisiana; small apartment (1-4 units) commonly $1,500-$5,000 per unit annually; a 10-unit building often $3,000-$6,000/yr total

Workers' comp

applies only if on-site staff; varies by payroll

Pricing figures are national typical or median ranges for small operators at commonly quoted limits, drawn from the published sources named on each page. They are budgeting benchmarks, not quotes. Your premium depends on state, payroll, revenue, limits, deductible, and loss history.

Sources: Steadily; Insurance Information Institute (via ManageCasa); OfferMarket; American Tristar; Trusted Choice.

When it goes E&S

Where this risk gets hard to place

California wildfire and Gulf/coastal wind exposure, older frame construction, and adverse loss history routinely push habitational property to E&S; some California and Florida markets have limited admitted availability.

Contact

Talk to us about Landlords & apartment owners.

Send the basics once. Our team and our AI agents route your risk to carriers with genuine appetite, package the submission, and handle the carrier follow-up.