Owner’s side
Building. Liability. Rental income.
Review structures, supplied appliances, owner liability and rent interrupted by covered damage.
Renting out a house or condo changes what your insurance needs to do. Pelorus helps you arrange landlord coverage for the building, your liability and the rent a covered loss could interrupt.
Your household, considered together.A change in occupancy changes the question
Protection for owners. Protection for tenants.
A rental property needs coverage that reflects how it is occupied and used.
Tenant’s side
Belongings. Personal liability.
Renters insurance gives tenants dedicated protection for their possessions and personal liability.
Explore renters insuranceKeep rental income part of the plan.
Rental-income coverage helps replace rent while covered property damage interrupts occupancy. Choose the amount and recovery period around your property’s rental value.
Under the policy
What the coverage can include.
- 01The rented building, repaired or rebuilt after a covered loss
- 02Other structures on the property, such as a garage or fence
- 03Owner liability, included in the policy or arranged as an addition
- 04Lost rental income while covered damage is repaired
- 05Coverage for furnishings and appliances you provide
Who it’s for
A change in your life is a reason to review.
Homeowners turned landlords
Switching a home to tenant occupancy is a good time to arrange coverage designed for rental property.
Owners of a rental condo
Coordinate your unit's interior, owner liability and rental income with the condo association's master policy.
Owners of small multi-unit buildings
Each unit adds tenants and rent to protect, and buildings beyond four units usually need commercial coverage.
Short-term rental hosts
Coverage written for short-term rentals matches the way nightly or weekly guests use your property.
Before we talk
The questions behind the policy.
Should I require tenants to carry renters insurance?
Many landlords include renters insurance in their lease requirements. It gives tenants coverage for their belongings and personal liability, including covered damage they cause to the property. We can help identify the coverage to discuss with your leasing adviser.
How does rental-income coverage help after property damage?
It can replace rental income while covered damage, such as a fire, makes the unit unfit to rent. We help you select an income limit and recovery period around the property and its rental value.
Your next step
Make it fit the life you have.
Start with what you own and who depends on you. We’ll help you review the policies together.
Prefer email? Contact our teamUseful for a first conversation
- Your current policies or contract terms
- The locations, dates or assets involved
- What has changed since your last review
You don’t need everything ready to get in touch.