Business Development Officer, T.D. McNeil Insurance Services, Fresno, California
I think what you are calling “landlord” insurance is normally called, “fire” insurance. The basic difference between a fire policy and a homeowner’s policy is coverage C, personal property. Although a landlord might have some personal property in a rented home and that can be covered, most do not and so the landlord is only concerned about the residence itself.
Agency Owner, The Thomas G Sheehan Agency, 27 Glen Road Sandy Hook, CT 06482
The primary difference is that a Homeowners policy provides coverage for you and your home while your home is your primary residence. In other words, you not only own it, but you live in it. A Homeownewrs policy has clear limitations and exclusions in cases when a home is not owner occupied that may in fact cause the insurance company to cancel the policy mid term.
A dwelling fire or commercial residential property policy is similar, but it provides coverage for the property owner (landlord) and provides no coverage for you if you are residing in that home as a tenant. You would need to talk to your Insurance Professional about purchasing a Renters' Polisy in order to be sure you and your belongings are properly protected.
.JPG){kind=avatar}
A dwelling fire or commercial residential property policy is similar, but it provides coverage for the property owner (landlord) and provides no coverage for you if you are residing in that home as a tenant. You would need to talk to your Insurance Professional about purchasing a Renters' Polisy in order to be sure you and your belongings are properly protected.