What kind of rental property do you own? You might have several multi-unit complexes. Maybe you restored a vintage fourplex in a historic district — or rent out a single-family house you inherited from an aunt.

Whatever your portfolio looks like, Farmers understands that residential real estate investments can come with unique challenges — to both your properties and your financial stability. Landlords can select personalized coverage and get the insurance they want.

Coverage for your rental property

A Farmers^® agent can help as you analyze your property and the coverage you want. Here are some situations you might encounter:

A storm damages your rental property

Risk: Your tenant calls to say there’s vinyl siding strewn across the front yard — you’re not surprised since a thunder storm kept you awake most of the night.

Coverage: Optional comprehensive property coverage can help with damage if a storm or other weather event is covered by your policy.

A pipe bursts

Risk: A pipe in an upstairs bathroom suddenly bursts, saturating the ceiling below. You arrive to help clean up the mess, but the damage is already done.

Coverage: Named-peril coverage can help with coverage for specific perils that you choose, including water from bursting pipes.

Your tenant is injured

Risk: Your tenant trips over a garden hose you’re using to water the flowerbeds. He lands palms-down on the ground — and breaks his wrist.

Coverage: Optional landlord liability coverage can help with hospital bills and lost wages if you’re legally responsible for his injury.