Get an insurance estimate for your rental property
insurance calculator
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Use our landlord insurance calculator to get an instant estimate for how much your rental property coverage premium will cost. This calculator provides an estimated quote based on your property's address, year built, replacement cost, type, and square footage. Simply enter your property details and see what your landlord insurance might cost.
Note
What does landlord insurance cover?
We cover a wide range of risks, or you can choose a limited set of coverages for a lower premium
Riot & civil commotion
Covers damage to your rental property caused by riots, civil unrest, and public disturbances.
Vandalism & burglary
Covers damage made to your rental property by a burglar or a vandal, such as broken windows or defacements made to walls or exterior structures.
Loss of rent
Loss of rent insurance, also called fair rental value coverage, replaces the rental income you lose when a covered event makes your rental uninhabitable.
Storm and hail
Storm and hail damage insurance for landlords covers roof punctures, siding, windows, and wind damage to your rental. See what’s covered, deductibles, and how much coverage you need.
Water
Water damage insurance for rental properties covers burst pipes, roof leaks, appliance overflows, and sewer backups with an endorsement, plus lost rent. See what’s covered, the exclusions, and how much you need.
Legal liability
Landlord liability insurance pays medical bills, legal defense, and settlements when a tenant or visitor is injured at your rental. Steadily writes $300K to $2M of liability into every landlord policy in all 50 states. Quote in two minutes.
Fire
Fire insurance for rental properties covers structural fire and smoke damage, your personal property, and lost rent while repairs are underway. See what’s covered, exclusions, and how much coverage you need.
Frequently asked questions
How is landlord insurance calculated?
Landlord insurance premiums are calculated based on several key risk factors related to your rental property. Insurance carriers evaluate the property's location, age, construction type, and replacement cost to determine coverage needs. They also consider occupancy status, claims history, and your selected coverage limits. Additional factors like safety features, distance to fire stations, and local weather patterns can influence your rate. Each insurance company uses its own proprietary algorithm to weigh these variables, which is why quotes vary between carriers. Your final premium will be determined after a full underwriting review by the insurance provider.
Which tends to cost more, landlord or homeowners insurance?
Landlord insurance typically costs about 25% more than homeowners insurance due to increased liability and risk. Rental properties face higher exposure from tenant-caused damage, liability claims, and loss of rental income. Tenants are statistically more likely to file claims than owner-occupants, and rental properties experience greater wear and tear. The additional cost reflects specialized coverages designed specifically for investment property risks that aren't included in standard homeowners policies.
I'm ready to get a quote – what's next?
If you have a rental property and you're curious to see what Steadily's landlord insurance premium will look like for you, all you have to do is enter your property address at the bottom of this page, or on Steadily's homepage. Then, follow a couple easy steps, and you'll get your customized quote in minutes. We can quote rental properties in all 50 U.S. states, and our rates are competitive nationwide.
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Competitive rates nationwide. Purpose-built for rental property investors.