Landlords Insurance also known as Dwelling Fire Insurance can be deducted on your income taxes against rental income. Homeowners Insurance would be the incorrect policy form for a tenant occupied property; please be very cautious not to be insured by the incorrect form of insurance.
Each policy form is a legal contract inclusive of specific definitions setting the rules of coverage. A homeowners policy is to protect the insured home as the primary residence of the titled owner; if this is not the case and you have a rental home, it should be covered by a Tenant Occupied Landlord Package policy and sometimes known as a Dwelling Fire policy.
We provide an online format to obtain a quote and buy insurance online in multiple States; may be used by Escrow/Closing Professionals, Mortgage Professionals, Real Estate Agents and directly by Consumers.