The moment you rent out a property, your standard homeowners policy can be voided — it's written for owner-occupied homes, not tenant-occupied rentals. Landlord insurance (usually a DP-3 dwelling policy) is built for the way rentals actually work: it protects the structure, your liability as a property owner, and the rental income you'd lose if a covered loss made the unit uninhabitable. Maru writes landlord coverage for single-family rentals, condos, duplexes, and small multi-unit buildings across Washington and Florida.
What landlord insurance covers
| Coverage | What it protects |
|---|---|
| Dwelling / structure | The building, at replacement cost on a DP-3 form |
| Other structures | Detached garage, fence, shed on the property |
| Landlord liability | Injury claims from tenants or visitors on the premises |
| Loss of rent / fair rental value | Lost rental income while the unit is uninhabitable after a covered loss |
| Landlord contents | Appliances and furnishings you own (e.g., in a furnished unit) |
| Optional: vandalism, ordinance/law, flood | Add-ons that fill common rental-specific gaps |
Washington and Florida landlord realities
In Florida, a rental's roof age, hurricane exposure, and wind-mitigation features drive both price and insurability — and a documented wind-mitigation inspection can meaningfully lower premium. Flood is excluded from every landlord policy, so rentals in coastal or low-lying zones need a separate NFIP or private flood policy. In Washington, the bigger concerns are older housing stock, aging roofs and wiring, and liability around stairs, decks, and moss-slick walkways. We match your property's age and construction to a carrier that will actually keep renewing it.
One rental or several
If you own several properties, we can look at whether individual DP-3 policies or a landlord/investor package makes more sense, and coordinate an umbrella policy so a single large liability claim can't reach across your whole portfolio. As an independent agency, we can also re-shop as your holdings grow, instead of leaving you stuck with one carrier's appetite and rate.
Frequently asked questions
Why can't I just use my homeowners policy for a rental?
Does landlord insurance cover my tenant's belongings?
What is loss-of-rent coverage?
Do I need flood insurance on a rental?
Licensed independent insurance agent · WA & FL
Written and reviewed by a licensed Maru advisor. Maru Insurance is an independent agency (License #22261820) representing multiple A-rated carriers across Washington and Florida.
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