How to Find the Best Landlord Insurance What is Best Landlord Insurance? As with renter's insurance, landlord insurance covers you for damages resulting from damages to the house while it is being rented out by tenants. Landlord insurance can be more expensive than homeowner's insurance because it also covers damage caused intentionally by reckless tenants. The best landlord insurance should be comprehensive, which means that it will protect your land, your building, and anything else on it that you have in your house. Comprehensive landowner insurance includes everything from floods and vandalism to natural disasters and vandalism. It is not always necessary, but you may want to consider having this type of insurance for the worst case scenarios. If you are looking for best landlord insurance, you need to know what types of coverage you will need. You may want to add additional protection to certain parts of your property or you may decide that you only need a homeowner polic