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Landlord Insurance Calculator

Landlord cover for a rental, including loss of rent while it is uninhabitable.

Your numbers

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Result

Estimated annual premium $1,771
Loss of rent cover $28,800
Premium as a share of annual rent 6.15%
Per month $147.62
Rent left after the premium $27,029
About $1,771 a year, which is 6.15% of the rent. That includes $28,800 of loss of rent cover, the part that matters if a fire makes the property uninhabitable for months.

An estimating tool, not insurance advice and not a quote. Underwriting sets real premiums on factors no calculator sees. What cover is appropriate is a question for a licensed broker. A landlord policy is not a homeowners policy: it covers the structure, the landlord's liability and lost rent, but not a tenant's possessions. Requiring tenants to carry renters insurance is standard practice and protects both parties. Short-term letting usually voids a standard landlord policy and needs a specific endorsement.

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Questions

About this calculator

Why is landlord insurance more expensive?

Tenanted property carries higher claim frequency and the policy adds loss of rent cover. It is typically 15% to 25% above an equivalent owner-occupied policy.

Does it cover short-term letting?

Usually not. Standard landlord policies contemplate a long-term tenancy, and short-term rental activity commonly voids cover unless specifically endorsed.

The formula

premium = dwelling cover / 1000 x rate + loss of rent cover + liability, less deductible credit

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