Title: What is Landlord Liability Insurance? Do I Need It? | Allstate
Headings: What is Landlord Liability Insurance?
What is Landlord Liability Insurance?
YOU CAN COUNT ON A LOCAL AGENT.
DO I NEED LANDLORD LIABILITY INSURANCE?
What is Covered By Landlord Liability Insurance?
What Does Landlord Insurance Cover?
Does Landlord Insurance Cover Tenant Damage?
Do I Need Homeowners or Landlord Insurance?
What is Fair Rental Income Protection?

Content: Let's say a loose handrail causes a tenant to fall. You could be held responsible for resulting injuries, according to the Insurance Journal, if you were found negligent in maintaining the property — or even if you just failed to warn the tenant of a potential safety risk. If that were to happen, your landlord liability coverage would likely kick in to help pay your legal defense and help cover court judgments made against you, up to the limits stated in your policy. Other situations could also expose you to liability, according to the Insurance Journal. If you fail to provide proper security for your tenants, for instance, or if your tenant engages in unlawful behavior and you fail to take measures to stop it, you could be held liable. Landlord liability coverage can usually help protect you in these and other similar scenarios, up to the limit that's set in your policy. Having a landlord insurance policy with liability coverage can go a long way toward giving you the peace of mind that comes with knowing you have a safety net in place, just in case. What Does Landlord Insurance Cover? Does Landlord Insurance Cover Tenant Damage? Do I Need Homeowners or Landlord Insurance?