Landlord insurance protects rental properties, the income they generate, and your liability as a property owner. Anchor Insurance helps investors and landlords in Indianapolis and central Indiana compare coverage from multiple carriers for single-family rentals, duplexes, condos, townhomes, and small multi-unit buildings. Whether you own one rental in Fountain Square or several properties across Marion and Johnson counties, we set coverage for each property based on its occupancy and lease terms.
A standard homeowners policy is designed for owner-occupied homes. Once a property is rented to tenants, many homeowners policies limit or exclude coverage, which can leave you without protection after a fire, storm, or liability claim. A landlord policy, often called a dwelling fire policy, is written specifically for non-owner-occupied properties. Lenders also typically require landlord coverage on financed rental properties.
Landlord policies do not cover your tenants' personal belongings or their personal liability. Many landlords require tenants to carry renters insurance as a lease condition. Flood damage is also excluded from standard policies and must be purchased separately.
Owners with multiple rentals can add umbrella insurance for liability protection above their landlord policies. If you own a commercial or mixed-use building, our commercial insurance options may be a better fit. For your primary residence, see our Indiana home insurance coverage. We compare options from carriers such as Chubb and Grange.
Landlord quotes are prepared by our agents based on your property, occupancy, and rental arrangement. Contact Anchor Insurance to review coverage for your Indianapolis rental properties.
Comparing Quotes - Made SimpleFill out the form below and
get started today!