# Investment Property Insurance > Investment property insurance tailored to your needs. Find the right coverage for your rental property, including liability, property protection & more. Investment Property Insurance Invested in protecting your investment property. Investing in real estate helps you build equity, generate passive income, provide for your future and diversify your investment portfolio. Protecting that investment properly is critical to ensuring a long-term return. Get a Quote Your guide to investment property insurance. Real estate is an investment and it needs to be protected. Our experienced and professional brokers take a hands-on, human-first approach to insurance that puts your needs first. We provide risk management as well as insurance advice, helping you protect what matters in the most effective and efficient ways possible. Investment property insurance can help cover residential properties, such as: Single-family homes Condo units Townhomes Apartment units Coverage across Canada. Get investment property insurance by phone or in person at your nearest location. Get a Quote Find a Branch Explore our most common investment property coverages. Investment property insurance can help you protect your assets and your rental income. Depending on your property type and investment usage, we have a variety of coverage options available. Property Damage This coverage is for the structure and fixtures as well as any personal property you have in your investment property. This does not cover your tenant’s belongings. Liability If someone is hurt or has their property damaged while visiting your property or due to your unintentional actions, this can cover damages and legal expenses relating to the incident. Fair Rental Value If your renters are forced from the property due to a covered claim, you can get replacement rental income until your investment property is rentable again. Overland Water Adding this endorsement to your insurance policy can protect your investment property from flood-related water damage caused by lakes or rivers overflowing their banks or the sudden accumulation of water following heavy rainfall. Earthquake Adding this endorsement to your policy can protect your investment property from damage caused by tremors. Signature by Acera Insurance. When you need more than your average insurance coverage for high-value assets, we can help. Learn more about our specialized coverage solutions. Get Details Why choose Acera Insurance for investment property insurance? Tailor-made Coverage We’ll create a customized insurance strategy to protect your assets and reduce the risk of investing in high-value property, whether locally, across Canada, or in the United States.  Market Access We work with more than 100 insurers and specialty underwriters, meaning we can find the right coverage for your distinct needs, including complex risks. Dedicated Advisor You'll work with a dedicated advisor, who will take the time to deeply understand and provide expert guidance to protect your investment property. Your advisor will be your main point of contact for all your insurance needs. Answering your most common questions. What do I need to know about insuring my investment property during renovations? If you plan to renovate or add on to your investment property, you’ll want to inform your Acera Insurance advisor. Whether you’re doing the work, hiring contractors, or a mix of both, your advisor needs to know that changes are being made. Here are some of the reasons why: If the property is vacant during renovations, your policy may only offer limited coverage or be voided entirely Renovations can increase your home’s value Renovations can reveal deeper issues or add risks to your home (ie. installing a pool) The risk of someone getting hurt while at the home increases There is a higher chance of damage to your home There may be a higher likelihood of a burglary Do I need extra coverage during renovations? Depending on the extent of the renovation, you may need special protection called course of construction insurance. Also known as builder’s risk insurance, this coverage protects investment properties that are under construction or being renovated. Does homeowner insurance protect my investment property? Homeowner insurance protects your primary residence. You will need a standalone investment property insurance policy to protect any property for which the sole intention is to generate an additional revenue stream, whether through long-term rentals or flipping. This is different from a secondary or seasonal home that you and your family spend time at for parts of the year, and perhaps welcome short-term rentals while you’re away. In this instance, you will need a seasonal property policy. How much does it cost to insure an investment property? The cost of insuring an investment rental property will depend on several factors, including: Where the property is located Proximity to a fire hydrant and fire station Proximity to hazards such as rivers The claim rate of the area The crime rate of the area The type and frequency of natural disasters The home’s build and materials Square footage Type of building (apartment, townhouse, single family home) The age of the house The type and age of the roof The type and age of the home’s systems such as plumbing, heating and electrical If the home has a pool or trampoline or similar risk The cost of rebuilding the home and replacing all the contents Your insurance and claims history Your insurance options, including coverage, deductible and policy limits The cost can vary a lot, even between neighbours with similar homes. An experienced investment property insurance broker can work with you to help you determine the cost of protecting your real estate and help you find the best coverage for the best price. What types of risks does investment property insurance cover? Common risks that investment property insurance covers include: Fire Smoke Explosion Impact by aircraft or vehicle Lightning Wind Hail Vandalism and other malicious acts Theft Weight of ice or snow causing roof collapse Certain types of water damage Protection from earthquakes, sewer backup and overland water/flooding may be available but is an add-on coverage, known as an endorsement. Personal insurance insights for your everyday. Still have questions? We’re happy to connect with you. Let’s start a conversation. Find a Branch