# Landlord Insurance > Protect your rental property & investment. Get a Landlord Insurance quote for coverage against lost rent, property damage, liability claims, and more. Landlord Insurance Safeguard your rental property. Owning rental property can be a rewarding experience, but it comes with unique challenges. From unexpected tenant issues to potential damage to your property, protecting your investment is crucial. Get a Quote Your guide to landlord insurance. Since tenant and landlord insurance are distinct policies that don’t overlap, both need to exist to cover all parties. Landlord insurance can protect you from an unpleasant loss and give you the money you need to continue operating your rental. What landlord insurance covers: Structure of each unit Common areas Exterior fixtures Contents that don’t already belong to the tenant Liabilities Coverage across Canada. Get landlord insurance by phone or in person at your nearest location. Get a Quote Find a Branch Common coverages that landlords need. To protect your physical and financial investment, you need to make sure you have the right coverage. Explore some of our most common insurance coverages for landlords. Legal Liability Coverage This coverage protects you if a third party suffers property damage or bodily injury on your premises. Property Damage This coverage protects your physical property against environmental damage, falling objects, theft, vandalism, and more. Loss of Rental Income This protects you if tenants need to vacate your rental premises for a certain period temporarily and are unable to pay rent. Water Damage This separate protection is offered because water has surpassed fire as Canada’s leading cause of property claims. Why choose Acera Insurance for landlord insurance? Our advisors guide you to the right landlord insurance for worry-free ownership. Customize Your Coverage We partner with Canada’s leading insurers to bring you comprehensive, customizable landlord coverage with flexible limits, deductibles and optional add-ons. Meeting You Where You Are We are available by email, over the phone and in-person at our offices across Canada to answer your questions, bind coverage and make changes to your landlord insurance policy. We Advocate for You Our in-house claims team will support and guide you every step of the way in the unfortunate event you have to file a claim. We’re here to ensure it’s settled as quickly, efficiently and fairly as possible. Answering your most common questions. What is landlord insurance? While policies can differ depending on your exact needs, landlord insurance is protection for property owners from financial losses at their rental properties. It usually includes coverage for the building, contents that you own on the property, liability arising from ownership of the property, and loss of rental income. If I have landlord insurance, do my tenants need their own insurance policy? It’s not required but we do recommend that all tenants have their own insurance policy to ensure they’re also protected as your insurance will not cover their needs. Does home insurance cover landlord activities? No, your home insurance will not cover you as a landlord. Renting out to tenants is considered a business activity because you generate income from it. Is landlord insurance the same as rental property insurance? Yes, they are interchangeable. How much will landlord insurance cost me? There are many factors that will go into the cost of your insurance, including what you’re covering, where your property is and its value. Talk to one of our advisors to get a full quote. Personal insurance insights for your everyday. Still have questions? We’re happy to connect with you. Let’s start a conversation. Find a Branch