Sign Up
- Landlords
- Start With the Core
- Landlord BankingBanking reimagined for landlords.
- Rent CollectionPut rent collection on autopilot.
- AccountingAll your cash flow in one place.
- Scale Your Rental Business
- Financial Services OverviewHandpicked products to scale your business.
- Insurance
- Loans
- Line of Credit
- Others
- PricingBaselane is free. Built to save you time and money.
- Our CustomersLandlord Banking Built For All Investors
- Security DepositSecurity Deposit Accounts for Landlords.
- Start With the Core
- Renters
- Renters
- Rent PaymentsAn easier, faster, more flexible way to pay rent.
- Renters InsuranceGet Renters Insurance and protect your treasures.
- Renter Resources
- What is Renter’s Insurance and Why Do You Need It?Renter’s insurance is designed for those renting or subletting a house, apartment, or any other type of property. These policies provide contents coverage and liability protection
- Renters
- Resources
- BlogTips and resources for landlords and tenants.
- Rental Property CalculatorEvaluate your next rental property investment.
- Price My RentalSee what to charge for rent?
- Help CenterAdvice and answers from the Baselane Team.
- Product UpdatesSee what we’re building and launching.
- SecuritySecurity is our highest priority.
- Baselane Feature
- Save $100’s on your property insuranceSee how much you could save!
- About
- About
- About UsBuilding better financial technology for landlords
- In the NewsRecent press coverage featuring Baselane
- Partner With UsEarn up to $150 for each qualified customer referral
- CareersHelp us build the future of fintech for landlords
- Landlord Insights
- 10 Things Private Landlords Should Know Before Leasing a Property
- About
- Pricing
- See Demo
- Contact us:support@baselane.com
- Live Chat
Sign InSign Up
Get the right protection for your Florida rental property without breaking the bank. Receive a personalized quote instantly.
Get an Instant Quote
- Make sure you have the right coverage
- Check if you can save $100’s on existing policy
- No phone call or hassle required
As featured in:
Rental Property Insurance Landlords Love and Trust
Affordable Rates
Check if you can save $100’s on your existing properties.We offer industry-best rates for the coverage that is right for you as a landlord.
The Right Coverage
Reduce your risk and relax knowing that your landlord insurance will offer you protection against the unexpected.
Simple and transparent
Receive a rental property insurance quote online in less than a minute with zero commitment and no phone call required.
We make it easy to switch
Already insured? We make it easy to switch. On average, landlords save 25%.
How Baselane’s Florida Landlord Insurance Works
Simple, Affordable and Transparent
Save time
Simply provide your email and answer a few property questions to get started. Forget about confusing paper applications or having to speak to someone on the phone.
Save money
Our simple quote request process will match you with the right Florida rental insurance for your property. Saving you up to 25% on your existing policy.
Gain peace of mind
Reduce your risk and increase financial security knowing you have the right coverage for your property!
Landlord Insurance is a Better Option
Get an Instant Quote
CoverageHomeowners Insurance
Building
True
False
Personal Property
N/A
False
Loss of Rent
True
False
Other Structures
True1
False2
Medical Payments
N/A3
False
Get an Instant Quote
1 Other structures: May require an endorsem*nt or add-on, Covers other buildings on the property not attached to the main structure.
2 Other Structures: Covers other buildings on the property not attached to the main structure.
3 Medical payments: Covers guests’ medical bills if they are injured on the property.
Insurance Landlords Love and Trust
“No phone calls or lengthy application needed. I submitted my quote online and and had better coverage for a fraction on the cost in a matter of minutes.”
Martin L.Denver Co
“As a new landlord just starting out, I was recommended baselane and Obie for my property insurance needs. They made the process incredibly easy and now have peace of mind that my property is covered.”
John H.Philadelphia, PA
“This is easily the the best quote I have received. I get everything I need and want covered at an extremely attractive rate. The best part…it only took me 5-minutes!”
Michelle P.San Francisco, CA
Actual results vary by customer
Frequently asked questions
Landlord insurance, also called rental property insurance, covers risks associated with renting your home, apartment, or condominium to tenants for long periods of time. Coverage typically includes loss of rental income for landlords along with property damage and liability costs. A landlord insurance policy is often recommended for homeowners who rent a property for any amount of time.
You may see landlord insurance also referred to as a DP3 (Dwelling Fire Policy).
Landlord insurance is usually broken down into two parts — property coverage and liability coverage.
Property coverage protects the physical structure of the home. This would be your walls, roof, flooring, and other physical features of the property.
Liability coverage protects you against bodily injury or other accidents that may occur on the property, or other claims made against you as a homeowner.
A homeowners insurance policy and a landlord policy are similar in that they cover the physical structure of the building, but they differ in several important ways.
First, a homeowners policy covers the contents of the property while a landlord policy typically does not. Here, contents refer to personal belongings, clothes, and furniture that you most likely won’t be living at the property with your resident, so you don’t need to pay for coverage. Although if you choose to keep some items on-premise, such as a lawnmower, for your tenants to use, a landlord policy can cover that.
A landlord policy also includes important coverages like loss of rent, which protects your rental income.
Yes. All mortgage companies or lenders will require that you have a landlord insurance policy on the property in Florida, even if you previously had a homeowners policy on the property.
Sometimes it can be, but it all depends on the property. Insurance carriers typically price these policies a little higher because you’re not living in the home and would potentially catch issues before they turn into larger problems.
Homeowner insurance is designed for individuals who own and live in a property, providing coverage for the home’s structure, personal belongings, liability, and additional living expenses. It addresses the needs and risks faced by residential property owners.
In contrast, landlord insurance is tailored for property owners who rent out their properties to tenants. It covers the rental property itself, including the building structure, attached or detached structures, and landlord-owned contents. Landlord insurance also includes liability coverage for injuries or damages on the rental property and provides protection for loss of rental income if the property becomes uninhabitable due to covered perils.
Landlord insurance protects you and your property from damage, such as a fire or hail, similar to the homeowners insurance policy you’re familiar with. If you are renting a property and you have regular homeowners insurance, most likely damages will not be covered.
However, landlord insurance is even more important because you’re not living in the home anymore. Your homeowner’s policy may not protect you from damages that occur at your property while it’s being rented out. And your homeowner’s insurance will not cover your loss of rent in the case that your property becomes uninhabitable for short periods of time.
Determining the appropriate coverage amount for your rental property in a landlord insurance policy involves evaluating several key factors. Here are some steps to help you determine the coverage amount:
- Property Value and Replacement Cost
- Liability Considerations
- Loss of Rental Income
- Additional Coverage
Learn more here.
- Yes, you can still obtain rental property insurance for a vacant property, but there may be restrictions.
- Many insurance policies have a vacancy clause that outlines coverage limitations during vacancy.
- Vacant property insurance is available for extended periods of vacancy or properties that don’t meet regular landlord insurance criteria.
Consult with our insurance experts about specific requirements and options for insuring your vacant rental property. Click here to get a quote and get a free consultation.
Ready for an instant quote?
Join thousands of customers who received landlord insurance from us
Get an Instant Quote
Get an instant quote