Landlords & Hosts · Norman, OK
Not Collecting Rent Does Not Make It a Homeowners Policy
If you own a home and someone else lives in it, a tenant, your daughter, a friend, the house needs a landlord policy. A homeowners policy on a house you do not reside in becomes a problem the day an adjuster asks where you were.
25–40%
typical savings when landlord, home, and auto are bundled
For any home you own but do not live in, rent or no rent. High liability, rental income protection, and deductibles as low as $1,000.
A landlord policy protects the structure of a rental property, the appliances you provide, the rent you would lose if the home became unlivable, and, most importantly, you, when a tenant or their guest is injured and holds you responsible.
Hosts: short-term rental coverage for Airbnb-style properties is coming soon to our office. It is not available yet. Tell us about your property and we will let you know when it is.
What it covers
What does landlord insurance cover?
The dwelling
The structure of the rental home and attached structures, including wind and hail.
Landlord-provided property
Personal property coverage on a landlord policy is minimal by design. It covers the items you furnish: the fridge, the stove, the washer and dryer.
Rental income loss
If the home burns and is rebuilt over months, the carrier pays a set monthly amount for the rent you are not collecting, as if it were still rented.
High liability
Liability on a landlord policy should always be high. If a ceiling fan falls on a tenant and they blame you, this pays the claim and your defense.
Deductibles as low as $1,000
Choose the deductible that fits how you manage the property.
In Jonathan's words
What Our Sales Manager Tells Every Caller
“I had this lady: "I do not live in this home. My daughter lives in this home, but I am not collecting rent. She just lives there." Okay, we still need a landlord policy. If the home catches on fire, and you show up when the ambulance and your claim adjuster are there, and you say, "I was not here," they say, "Well, where were you?" Then it is an issue.”
“Liability coverage on a landlord policy always has to be high. The last thing you want is the tenants walk in, the ceiling fan falls on their head, and they blame you for it.”
This page is based on a recorded interview with our Sales Manager, Jonathan Sambrano, lightly edited for clarity. Figures are examples he gave and will vary by policy.
We catch the homeowners-policy mistake
Many owners believe a house with no rent coming in can stay on a homeowners policy. It cannot. We move it to the right policy before a claim exposes the gap.
The largest bundle discount we write
Bundling a landlord policy with your own home and auto saves roughly 25 to 40 percent. Jonathan’s words: "this is not exaggerating."
Rental income protected
Most owners think about the structure. We make sure the lost rent is covered too.
Bundle and save
Bundle landlord with home and auto for 25 to 40 percent off
On a landlord policy you want to bundle your own home and auto with us, because the discount is massive. Jonathan puts it at roughly 25 to 40 percent, and he is careful to say he is not exaggerating.
FAQ
Landlord insurance questions we hear
Yes. The policy type follows who lives in the home, not whether money changes hands. If you do not reside there, it needs a landlord policy.
No. It covers the appliances and furnishings you provide. Your tenant’s belongings are covered by their own renters policy, which we also write.
Rental income loss coverage pays a set monthly amount while the home is rebuilt, as though it were still rented. Ask us how the cap is set for your property.
Not yet. Short-term rental coverage is coming to our office soon. Tell us about the property and we will reach out when it is available.
Related coverage
People who look at this also ask about
- Home InsuranceDwelling, belongings, liability, and loss of use, with wind and hail deductibles built for Oklahoma weather.Learn more
- Renters InsuranceLiability that meets the $300,000 many Norman apartments now require, plus your belongings and a place to stay if the building burns.Learn more
- Umbrella InsuranceA $1,000,000 to $5,000,000 safety net above your auto and home liability, with attorneys on standby, for about $70 a month.Learn more
Coverage, limits, and discounts vary by policy and are subject to carrier underwriting. A licensed agent will confirm what applies to you.
Get in Touch
Get the right policy on every property you own
Tell us about the home, who lives there, and what you already insure with us. We will quote it and apply the bundle discount.
Phone
(405) 253-7879
Office Hours
Monday – Thursday, 8:30 AM – 5:30 PM
Friday, 9:00 AM – 5:00 PM
Closed Saturday & Sunday
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