What is
Landlord Insurance
Owning a rental property is a smart investment — but it also comes with risks. With the right Landlord Protection Insurance, you can safeguard your property, your income, and yourself from unexpected losses. Serving Scottsdale and all of Arizona, we’ll help you build a policy designed to protect what matters most.
Why Do You Need Landlord Insurance?
Unlike homeowners insurance, landlord insurance is designed as a business policy. It covers the unique risks of renting out property — from fire and storm damage to tenant-related losses. Without it, you may face costly repairs, lawsuits, or lost rental income on your own.
✔ Protects your rental building and attached structures
✔ Shields you from liability claims like wrongful eviction, libel, or tenant injuries
✔ Helps cover rental income loss when a unit becomes uninhabitable
✔ Tax-deductible premiums — making coverage even more affordable
What Does Landlord Insurance Cover?
Building & Property Coverage
Repairs or replacement for damage caused by fire, storms, theft, vandalism, and more. Includes appliances, fixtures, and other property left in the unit.
Liability Protection
Coverage for legal and medical expenses if a tenant or visitor is injured on your property. Protects you from claims like personal injury or wrongful eviction.
Loss of Rental Income
If your property becomes uninhabitable due to a covered loss, your policy can help replace lost rental income until repairs are complete.
Auxiliary Structures
Coverage for other property structures like garages, fences, sheds, swimming pools, or clubhouses.
Optional Add-Ons
- Umbrella Liability Insurance – for extra protection against major lawsuits
- Flood Insurance – protection from water damage not included in standard policies
- Medical Expense Coverage – pays immediate medical bills even if you’re not legally liable
Should Tenants Have Renters Insurance?
While not required by law, requiring renters insurance is highly recommended. It protects tenants’ belongings and can reduce your financial responsibility if they cause damage. It also provides coverage for temporary living expenses if the unit is uninhabitable.
Secure Your Rental Investment Today
You’ve worked hard to build your rental business — don’t leave it exposed. With a custom Landlord Protection Insurance policy, you’ll have the coverage you need and the peace of mind you deserve.
Do You Have Enough Coverage?
Arizona requires every driver to carry a minimum level of auto insurance, but in many cases those limits aren’t enough to fully protect you. Medical bills, lawsuits, or repair costs can quickly exceed the state minimums, leaving you personally responsible for the difference.
At Danilovic Agency, we go beyond the basics — helping you meet state requirements while also customizing a policy that truly fits your needs and budget.