Allstate® Landlords Package Policy Insurance typically covers
a range of perils. Below are a few of the most common ones.
- Fire and smoke
- Windstorm or hail
- Falling Objects
- Water damge from
plumbing, water heater
or burst pipes (except sump pumps)
What if you can't rent your property
because it is too damaged to live in?
If you temporarily cannot continue renting your property due to damage
from a covered loss, you're losing valuable rental income.
Fair Rental Income can help if your rental property becomes
uninhabitable because of a covered loss. You'll receive compensation
for the rental income you would have received. This covers the time
required to either repair or replace the rental unit-up to a maximum
of 12 months or the policy limits.
* Your landlords insurance includes limited coverage for damage to your rental property due to vandalism
and burglary. You can purchase additional vandalism and burglary coverage to better protect your rental
property. These coverages will also protect your personal property used in connection with the rental, such
as appliances and other assets.