As a homeowner who has rented out their property, you are not liable for any home insurance and cannot get coverage with a traditional home insurance policy. In case of a fire or loss to the property, the home insurance policy requires you to be a resident to make any claim. However, it is crucial for you to buy a landlord insurance policy in such a case to avoid any significant losses. The top four options for landlord insurances are discussed below:

Liberty Mutual
Apart from providing you the most reasonable quotes for landlord insurances, Liberty Mutual also understands your needs and provides you with the policy that best suits you. Your liability is protected well by the experts in Liberty Mutual who ensure that you pay only when you are responsible. They give you good coverage for the time you lose on rent due to the house becoming unlivable as well as provide you with inflation and injury protection. The landlord insurances offered by them may be categorized into a multi-policy, an early shopper, and a new/renovated home.

Allstate
Allstate is known for offering significant discounts on landlord insurances, especially when you buy a multi-policy deal from them. Their coverage includes protection from a dwelling, vandalism, fair rental coverage, liability, rental property under construction, burglary, as well as a building code. They are also known for their customer care assistance, where the agent will guide you through the entire procedure when in need.

State Farm
Also referred to as an apartment owner insurance by State Farm, there are various distinct features of the products offered by State Farm for landlord insurance policies. Apart from giving you coverage for the building, it also covers for any equipment breakdown, loss of income, tenant move back expenses, and many other features. You may customize your coverage as per your requirements. All you need to do is make a call and select the best option.

Foremost
The Foremost landlord insurance policy provides coverage for optional replacement cost, actual cash value, comprehensive property coverage, extended replacement cost, eligible loss settlement, and many similar features. The insurance also provides you protection against repair cost, water damage done by drains as well as sewers, lost rent due to a mishap. It also covers personal injury costs.

The aforementioned options are the top choices for getting rental insurance as well as protecting your property and rights as an owner.