Get an insurance estimate for your rental property
Use our landlord insurance calculator to get an instant estimate for how much your rental property coverage premium will cost. This calculator provides an estimated quote based on your property's address, year built, replacement cost, type, and square footage. Simply enter your property details and see what your landlord insurance might cost.
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What does landlord insurance cover?
We cover a wide range of risks, or you can choose a limited set of coverages for a lower premium
Riot & civil commotion
Covers damage to your rental property caused by riots, civil unrest, and public disturbances.
Vandalism & burglary
Covers damage made to your rental property by a burglar or a vandal, such as broken windows or defacements made to walls or exterior structures.
Loss of rent
Covers lost rental income for when your rental becomes uninhabitable due to covered perils, or while the repairs are being made.
Storm and hail
Covers damage to your rental property caused by storms, hail, wind and lightning - such as fallen trees or hail punctures in roofing structures.
Water
Covers certain water damage not caused by flooding, including burst pipes, HVAC leaks and plumbing overflows.
Legal liability
Covers legal fees and costs if a tenant or guest is injured at your rental property, or if they make a legal claim against you.
Fire
Covers damage from fire, smoke and related events, such as wildfires, accidental kitchen fires or electrical fires caused by malfunctioning appliances.
Frequently asked questions
How is landlord insurance calculated?
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.
Which tends to cost more, landlord or homeowners insurance?
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.
I'm ready to get a quote – what's next?
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.
Get coverage in minutes
No hidden cancellation fees. Competitive rates nationwide.