5 Best Landlord Insurance Providers

It’s easy to get insurance through Obie—simply enter information about your property and quickly receive quotes. The quotes are structured in tiers with increasing coverage and cost. For this article, we received the following quotes for a single-family home:

• Basic tier coverage costs $1,103 annually. It included a $5,000 deductible for wind and hail and a $5,000 deductible for all other perils, such as fire. Among other coverages and features, it carried $500,000 in general liability per occurrence, $1 million aggregate, and 3% inflation guard.
• Complete tier coverage costs $1,348 annually. The primary difference for this tier of coverage was the deductible: for all other perils and wind and hail, the deductible was lowered to $2,500 each. The liability increased to $1 million per occurrence and $2 million aggregate, and the inflation guard increased to 6%.
• Premium tier coverage costs $1,448 annually. Similar to the previous tier, some of the main differences for this coverage were a lower deductible ($1,000) and increased inflation guard (9%).

Its policy covers the structure and water backup and comes with a host of optional enhancements. You can purchase the policy online or call to finish the process.

*Pricing details are accurate as of April 16, 2024

While it is a newer option for insurance, having started in 2017, Obie has already expanded to cover all 50 states and has over $4 billion in property insured. While online reviews are limited at this time, Google has over 1,000 reviews for Obie, with an average rating of 4.8 out of 5.^[1]

Once you have purchased insurance through Obie, you’ll have access to an online account where you can manage your policy and claims.

While for most insurance needs you can get a quote online for The Hartford, to get landlord insurance you will need to call the provider directly or reach out to an independent agent that works with the company. The Hartford does provide an annual estimate of $1,590 for rental property insurance on its website, though this figure is from 2019.

The Hartford offers Rental Property Protection Plus, an endorsement for a homeowners policy that lets you rent out your home and retain coverage. The policy includes liability, property, and lost income protection if something happens to the building that prevents you from renting it.

The Hartford is an established carrier with a robust customer service and claims department. It is available 24/7 and utilizes in-house adjusters to handle claims.

Users can leave reviews of their claim experience on its website—a risky chance for a provider to take since usually people aren’t happy with claims—but the reviews are overwhelmingly positive. For homeowners, The Hartford has 4.7 out of 5 stars overall and for commercial property coverage specifically. Both categories have thousands of reviews.^[2]

For The Hartford’s typical business accounts, you can manage your account online, get an instant certificate of insurance (COI), and file a claim online. However, it isn’t clear whether this level of accessibility is also possible with the Rental Property Plus Package.

We received a quote for a property manager for Hiscox’s specialized policy for developers, Hiscox RED. This is a general liability policy. The cost was $350 annually, or you could pay $58.40 down and 10 monthly payments of $29.16. The limits were $1 million per occurrence and $2 million aggregate, and the policy carried (oddly, for general liability) a $1,000 deductible.

As mentioned, Hiscox RED is a specialized policy for real estate developers and property managers. For example, this policy would protect a landlord being sued for rental rate inflation by covering the expense of a defense attorney and, if necessary, a resulting settlement.

*Pricing details are accurate as of April 16, 2024

While Hiscox is not open 24/7, it does give you 24/7 access to your account, where you can manage your policy, create a COI, and file a claim, among other options.

In terms of customer service, Hiscox has an improving reputation among its customer base. While complaints remain higher than normal via the database maintained by the National Association of Insurance Commissioners (NAIC), reviews on Hiscox’s website are overwhelmingly positive, with an average rating of 4.7 out of 5.^[3]

Steadily’s quote system is fast and has options for customization. The company gives you the option to purchase the policy online or over the phone.

We received a quote for a single-family home that costs$1,015 annually. Outside of coverage for the structure, the limits were low: $300,000 in liability with a $2,500 deductible. The policy also carried, among other coverages, $25,000 in medical payments.

*Pricing details accurate as of April 16, 2026

Despite starting in 2020, Steadily is already in all 50 states, and its customers are happy with their experience. On Trustpilot, Steadily has over 1,000 reviews with an average rating of 4.3 out of 5.^[4]

Online, you can now manage your Steadily policy by requesting changes to coverage and getting a copy of all policy documents. You can also file a claim through your account.

While Allstate does offer quotes online, for its landlord insurance, it directs you to either call it or contact an agent for a quote. When you visit the Allstate page for landlord insurance you’ll see these two options:

Coverage and Policy Information for Landlord Insurance

The coverage and policies section reviews what coverages it offers, including liability, lost rental income, and property coverage. There are additional coverages that can be added like renovation and construction property, which is a vacant home insurance policy for situations where you are doing some sort of construction project on the home.

Unfortunately, vandalism is not included in the base landlord insurance package.

Allstate is available in all 50 states. Unfortunately, it does not have a 24/7 call center for claims or customer service, offering instead weekday hours. Online you can pay your bill and manage your policy. To file a claim you can call, do it online, or let your agent know and they’ll report it for you.

Another standout feature with Allstate is the “know your policy” link with the landlord’s insurance. When you click that, it brings up images of a policy template with key areas identified including coverages. Being able to not only review your coverages but also understand your policy is a useful service for policyholders.

In September 2023, the median price of rent in the US was $2,011. This represents only a slight increase of 0.4% from 2022. The price of rent has slowed recently due to increased construction of rental properties.

Short-term rental insurance differs from landlord insurance because it is insurance for a property that is rented out on a short-term basis, usually as a vacation house or through a home-sharing platform like Airbnb or Vrbo. The property is often the main residence of the person renting it out.

Standard homeowner policies do not cover rental properties because they are written on the basis of the home being occupied by the owner. However, many providers do offer endorsements that add rental coverage to the existing homeowners policy.

No. Landlord insurance is for the owner of the property. It is similar to a BOP and has coverage for the dwelling or structure and liability coverage in case a tenant or someone else on the property gets hurt. The tenant will need renters insurance to protect their personal possessions.