Protect Your Rental Property.
The Right Way.

No. Standard homeowners policies are written for owner-occupied properties. When you rent your home to a tenant, the occupancy type changes in a way that most HO policies explicitly exclude — meaning a carrier can deny a claim because the property is tenant-occupied. A landlord policy (dwelling fire policy) is specifically designed for non-owner-occupied residential properties.

Landlord insurance in South Carolina typically costs 15–25% more than a comparable homeowners policy. For most Lexington-area rental properties: $1,100–$1,700/year for a $200,000–$300,000 rebuild value, $1,400–$2,200/year for a $300,000–$450,000 property. Rates vary by carrier, property age, location, and claims history.

For landlords with one or more rental properties, an umbrella policy is one of the most cost-effective decisions available. A $1 million personal umbrella costs approximately $150–$300 per year and sits above all your underlying liability policies. If a tenant lawsuit exceeds your landlord policy's liability limit, the umbrella steps in.

Short-term rental activity (Airbnb, VRBO) requires different coverage than a standard landlord policy. Depending on how often you rent and whether you also occupy the property, you may need a short-term rental endorsement, a standalone STR policy, or a commercial dwelling policy. We assess your specific situation and find the right coverage.