Houston Landlord Insurance

(Learn how to find the right landlord insurance.)

Written by Meg Stefanac
Written by Meg Stefanac

Financial blogger and business owner, Meg Stefanac, has more than 15 years experience working in the financial services industry and enjoys helping individuals make solid financial decisions. Meg has extensive experience writing about insurance and finances and is a key contributor to TrustedChoice.com.


The home ownership rate in the Bayou City is only about 47 percent, which leaves rental property owners plenty of opportunities to make an income from leasing out a variety of homes to tenants. These opportunities could range from suburban houses in Bellaire to uptown lofts to Meyerland apartment units. If you plan to get into the rental property business, make sure you protect your income and investments with Houston, TX landlord insurance.

The easiest way to secure your property with the right coverage is to contact a local agent in the Trusted Choice® network for assistance and for the right coverage at the right price.

What Does Landlord Coverage Cost?

  • Estimated typical landlord insurance cost: $1,555
  • Increase over expected cost of a typical homeowners policy: 1.25
  • Houston's non-owner occupied housing rate: 53%
  • Local rate of apartment renters: 38%
  • Increased risk of theft in rented homes: 50%

Your own Houston landlord insurance rates will most likely vary from the local or state average. Some considerations include the number of units, the structure's age, type of home, property condition and ZIP code.

Houston, for example, has a high percentage of residents who rent apartments when compared to many other cities in the state and the country. You may find that insuring an Inner Loop apartment complex differs from insuring a stand-alone house in the suburbs.


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Our independent agents shop around to find you the best coverage.

What Does Basic Houston Landlord Insurance Cover?

Houston offers fairly standard landlord policies from several major insurance companies. These are two common coverage types you can discuss with a local agent:

  • Property insurance: For covered incidents, this can compensate you for damage to the actual building plus any items that you keep inside the property. Examples might be the house’s roof, major appliances and even tools you store on the property.
  • Owner’s liability insurance: This can help compensate and even defend you against others' damage and injury claims. If a visitor or tenant claims that your actions or negligence caused bodily injury, this can pay medical expenses, court fees and your legal defense, up to the limits of your policy. Because lawsuits can easily surpass the $100,000 mark and cost your savings, assets and future earnings, you would be wise to purchase as much liability coverage as you can reasonably afford.

Extra Houston Landlord Insurance

A basic policy cannot cover every unexpected threat. While you should understand exactly what your policy covers, you should also consider things that your policy does not cover. Some extra insurance can complete your package of protections. You can discuss these types of extra insurance with a local agent:

  • Loss of use coverage: If your home is damaged and you cannot rent it out while it is being rebuilt or repaired, this can compensate you for lost income.
  • Excluded hazards: Some hazards, like floods, are typically excluded from basic coverage. A local agent can help you find flood and earthquake insurance, as well as other forms of coverage you may need.
  • Umbrella insurance: This is known as extra insurance because it increases liability limits and provides some additional coverage.

Compare Houston Landlord Insurance Quotes

Good coverage can make the difference between success and failure in the rental property business. But it is not always easy to find the type of landlord policy that can really protect you from the expense of common hazards.

A Trusted Choice network agent can get you the Houston landlord insurance quotes you need and help you select the coverage you want. Contact an agent today for a sensible plan that meets your budget.

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