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What does landlord insurance cover?

It helps protect places you own but rent out to others. In most locations, you can get up to 10 policies, one for each property.

USAA Rental Property Insurance, also called landlord insurance, can give you coverage for unexpected things like lawsuits and lost rental income.

If you have long-term tenants or regularly rent your property through vacation rental sites like Airbnb or Vrbo®, you could benefit from landlord insurance.

What isn’t covered?

It usually won't cover things like wear and tear, your tenants' stuff, or damage caused by floods, pets and other animals.

Protection for your property

Your Home

Your dwelling limit is the most we'll pay to rebuild your home if it's damaged or destroyed by something covered by your policy. This includes fires, most weather-related events and accidental water damage.

Other Parts of Your Home

Coverage for other structures can help pay for covered damage to things like fences, detached garages, storage sheds, swimming pools and driveways.

Your Stuff

Get personal belongings coverage for furniture, appliances and other things you own and keep in the rental. After paying your deductible, your policy can cover repairing or replacing things at today's cost. Your tenants can help protect their stuff by purchasing a renters policy.

Protection for your finances

Lost Rental Income

If there's a covered loss and you're repairing your property because it's unlivable, this could help replace rental income.

Claims Against You

If you're at fault for someone's injuries or property damage, personal liability could help pay for legal and medical costs.

Home Sharing

If you share, exchange or rent your home for less than a month, home sharing coverage‍ ‍ See note 1 offers more protection for personal liability and the things you own and keep in the rental.

Repair or replace old stuff at today’s cost.

Landlord insurance comes with replacement cost coverage.‍ ‍ See note 2

That means, for example, if your old oven has covered damage, your policy can pay the value of what the same make and model would go for today. You just pay your deductible.

Get wildfire response at no extra cost.

The USAA Wildfire Response Program could help protect your rental property from active wildfires. Our providers monitor for threats and send certified firefighters to help prevent losses.

You’ll need to have an active USAA Rental Property or Homeowners Insurance policy. If your rental is located in a state covered by the program and it’s an eligible type of dwelling, we'll automatically enroll you.

Learn about our wildfire program

Optional coverage to consider

You can add these to your policy if they fit your needs. Keep in mind that this may raise your premium.

Water Backup

This includes damage from water that overflows from a sump pump or backs up through the plumbing from outside the home.

Home Protector

This coverage offers 25%‍ ‍ See note 3 more toward your limits for the dwelling and other structures.

Earthquake Coverage

This helps to protect your rental when it’s damaged by an earthquake, shock wave or tremor.‍ ‍ See note 4

Protection beyond landlord coverage

Flood Insurance

Landlord insurance doesn’t cover floods. Consider adding a policy, even if you don’t live in a flood-prone area.

Learn about flood insurance

Umbrella Insurance

If a liability claim exceeds the limits of your landlord policy, this coverage can help you pay for the remaining cost.

Learn about umbrella insurance

Renters insurance

Consider requiring your tenant to get a renters policy with liability coverage in case they accidentally cause damage to your property.

Learn about renters insurance

Resources for landlords

5 risks for Airbnb, Vrbo® and other property rental hosts

Article: 5 minutes

Read article about 5 risks for Airbnb, Vrbo and other property rental hosts

Rental property headaches and home runs

Article: 5 minutes

Read article rental property headaches and home runs

Does my homeowners insurance cover Airbnb, Vrbo and others?

Article: 4 minutes

Read article about homeowners insurance cover

Related footnotes:

  1. IN PENNSYLVANIA, WE RESERVE THE RIGHT TO REFUSE TO QUOTE ANY INDIVIDUAL A PREMIUM RATE FOR THE INSURANCE ADVERTISED HEREIN.

Related footnotes:

  1. Coverage and availability restrictions apply and are subject to change. Not available in all states.

  2. With replacement cost coverage, at our option, subject to policy limits and policy deductible, if you actually replace the property we will pay you the lesser of our cost to restore, repair or replace the damaged property or the amount you actually spent to restore, repair or replace the property. Coverage applies to damage or loss due to events listed in your policy.

  3. Additional 25% coverage applies to your dwelling only, not its contents. To qualify for this coverage, dwelling must be insured for a minimum of 95% of estimated rebuild cost. Certain restrictions apply.

  4. For the state of Washington, earthquake insurance is available through USAA Insurance Agency.

Related footnotes:

  1. Membership eligibility and product restrictions apply and are subject to change.

  2. The National Flood Insurance Program is not underwritten by United Services Automobile Association (USAA) or its affiliates based in San Antonio, Texas, and is provided by USAA General Indemnity Company (USAA-GIC), through an arrangement with the Federal Emergency Management Agency. The Federal government has financial responsibility for underwriting losses. The National Flood Insurance Program USAA-GIC is not available in Guam, U.S. Virgin Islands, Puerto Rico or overseas.

    The typical homeowners or rental property insurance policy doesn't include flood coverage, and in some locations, you may also need to obtain a wind-only insurance policy. Flood insurance can be purchased separately through the National Flood Insurance Program. The maximum limits of coverage available on the federal flood policy for residences are $250,000 on the building and $100,000 on contents. If you need additional flood insurance coverage beyond these amounts, you can contact USAA Insurance Agency which works with other insurance companies that provide excess flood coverage. Private flood coverage is not affiliated with the National Flood Insurance Program.

  3. USAA Insurance Agency means USAA Insurance Agency, Incorporated or USAA of Texas Insurance Agency (collectively the “Agency”). California License #0D78305, Texas License #7096. 9800 Fredericksburg Road, San Antonio, Texas 78288. The Agency contracts with insurance carriers that are not affiliated with USAA and offers products and services (“third-party insurance products”) on their behalf. Third-party insurance products are not underwritten by USAA or its affiliates. The Agency receives a commission on the sale or renewal of third-party insurance products and may receive other performance-based compensation from them. Purchase of third-party insurance products does not establish USAA membership. Product and coverage descriptions are brief. All coverages are subject to the terms and conditions of your policy. Read your policy for details. Product and coverage availability may vary in some locations and all applications for insurance are subject to underwriting by the insurance carrier.

  4. Property and casualty insurance underwritten by United Services Automobile Association (USAA), USAA Casualty Insurance Company, USAA General Indemnity Company, Garrison Property and Casualty Insurance Company, NOBLR Reciprocal Exchange, based in San Antonio, Texas; USAA S.A. (Europe), and USAA S.A. UK Branch (United Kingdom) and is available only to persons eligible for property and casualty group membership. Each company has sole financial responsibility for its own products.

    Coverages subject to the terms and conditions of the policy.

  5. The trademarks, logos and names of other companies, products and services are the property of their respective owners.

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