Get an insurance estimate for your rental property

Landlord insurance premiums are calculated based on several key risk factors related to your rental property. Insurance carriers evaluate the property's location, age, construction type, and replacement cost to determine coverage needs. They also consider occupancy status, claims history, and your selected coverage limits. Additional factors like safety features, distance to fire stations, and local weather patterns can influence your rate. Each insurance company uses its own proprietary algorithm to weigh these variables, which is why quotes vary between carriers. Your final premium will be determined after a full underwriting review by the insurance provider.

Landlord insurance typically costs about 25% more than homeowners insurance due to increased liability and risk. Rental properties face higher exposure from tenant-caused damage, liability claims, and loss of rental income. Tenants are statistically more likely to file claims than owner-occupants, and rental properties experience greater wear and tear. The additional cost reflects specialized coverages designed specifically for investment property risks that aren't included in standard homeowners policies.

If you have a rental property and you're curious to see what Steadily's landlord insurance premium will look like for you, all you have to do is enter your property address at the bottom of this page, or on Steadily's homepage. Then, follow a couple easy steps, and you'll get your customized quote in minutes. We can quote rental properties in all 50 U.S. states, and our rates are competitive nationwide.