Landlord Insurance in Indiana
Local guidance from an Indianapolis Allstate agency—statewide support for rental property owners
From Broad Ripple duplexes to suburban single-family rentals and downtown condos, Indiana landlords rely on AOG Group | Allstate for clear, business-smart protection. We help you understand what’s covered, what isn’t, and how to structure a policy that fits your cash flow and risk tolerance.
Who this coverage is for
- Single-family rentals (long-term tenants)
- Condos held as rentals (HOA documents reviewed)
- 2–4 unit buildings (duplex, triplex, fourplex)
- Occasional vacancy or turnover between tenants
- New and seasoned investors—from your first door to a multi-property portfolio
Short-term rentals (STRs) and mid-term rentals may need special handling. Tell us how you rent so we can match the right policy form and endorsements.
What landlord insurance typically covers
- Dwelling/Building: Helps repair or rebuild your rental after a covered loss (fire, wind, hail, etc.), up to policy limits.
- Landlord Liability: Helps protect you if you’re legally responsible for injuries or property damage to others at the rental.
- Other Structures: Detached garage, fences, sheds.
- Personal Property (landlord-owned): Appliances, window A/C units, and items you keep on-site for tenant use—up to selected limits.
- Loss of Rental Income (Fair Rental Value): Helps replace lost rent if a covered claim makes the property uninhabitable during repairs.
- Medical Payments to Others: Limited no-fault medical coverage for guests injured at the property, up to policy limits.
Coverage, causes of loss, valuation method (replacement cost vs. actual cash value), deductibles, and availability vary by policy form and state. We’ll walk you through specifics for your property type, roof age/materials, and HOA rules (if condo).
Popular Indiana add-ons & options
- Ordinance or Law: Helps with increased costs to meet current building codes after a covered loss.
- Vandalism & Malicious Mischief: Important for properties with occasional vacancy—let’s review how your policy treats it.
- Umbrella Liability: Extra liability limits over your landlord policy (and others) for broader protection.
- Loss Assessment (for condo landlords): Helps with certain covered assessments from the HOA, subject to policy terms.
Risk scenarios we help landlords plan for
- Wind/hail roof damage during storm season
- Kitchen fire that forces tenants to relocate—triggering loss of rent
- Guest trip-and-fall on an icy walkway—potential liability claim
- Burglary or vandalism during a brief vacancy
Ways to save (subject to qualification)
We’ll check for potential savings such as:
- Multi-policy bundling (landlord + auto, umbrella, or additional rentals)
- Protective devices (monitored alarm, smart sensors)
- Claim-free history
- Newer roof or updates (electric, plumbing, HVAC)
- Higher deductibles you’re comfortable with
Operational tips we can help with
- Require renters insurance in your lease (we’ll provide a simple checklist for tenants).
- Document property condition with photos at move-in/move-out.
- Maintain safety basics: handrails, smoke/CO detectors, GFCIs, clear walkways.
- Review coverage annually as rents, materials, or code requirements change.
Our simple process
- Property profile & quote: Tell us about the address, construction, roof, updates, tenant type, and expected monthly rent.
- Coverage design: We’ll size building limits, set deductibles, and add options (loss of rent, water backup, service line, etc.).
- Bind with confidence: We’ll issue proof of insurance for lenders and your files—fast.
- Annual review: We’ll revisit limits, rents, and any rehab or portfolio changes.
FAQs
Is landlord insurance different from homeowners insurance?
Yes. Homeowners is for owner-occupied residences. Landlord (dwelling) policies are designed for tenant-occupied properties and include landlord liability and loss-of-rent options.
How much building coverage do I need?
We insure to the estimated cost to rebuild, not market value. We’ll help you estimate materials and labor for your structure and finishes.
Does my policy cover tenants’ belongings?
No. Tenants typically need their own renters insurance. We recommend requiring it in your lease.
Is vacancy covered?
Coverage during vacancy can change based on how long the unit is empty and your policy form. Tell us your turnover expectations so we can structure coverage appropriately.
What about short-term rentals?
STRs can require different endorsements or policy types. Share your rental model (Airbnb/VRBO, 30-60 day mid-term, corporate housing) and we’ll guide you.
Do I need an umbrella policy?
If you want higher liability limits across properties and vehicles, an umbrella may make sense. We’ll price options and show how limits stack.
Ready to protect your rental—clearly and confidently?
Let’s build a landlord policy that fits your numbers and your risk. Request a custom quote from AOG Group | Allstate in Indianapolis—serving rental property owners across Indiana.
Disclosures: Product features, discounts, underwriting, and availability vary by policy form and state. Terms, limits, conditions, and exclusions apply. Coverage is subject to policy language. We’ll review details with you before you buy.
