Rental Dwelling Insurance in Temple, Texas

What Is Rental Dwelling Insurance?

Rental dwelling insurance—also called landlord insurance—is coverage designed for properties you rent to tenants. Your standard homeowners policy doesn't cover rental properties because the risks are different when someone else lives in your home. For Temple landlords and property investors, rental dwelling insurance protects against property damage, liability claims, and lost rental income.

Winkler Insurance helps Central Texas landlords find coverage that protects their investments and cash flow.

Why Temple Landlords Need Rental Dwelling Insurance

Owning rental property comes with unique risks. Here's why landlord insurance matters:

• Homeowners insurance won't cover rentals. Once you rent a property, your standard policy is void.


• Tenant damage happens. Despite security deposits, tenants can cause damage exceeding what you can recover.


• Liability exposure increases. If a tenant or guest is injured on your property, you could face a lawsuit.


• Lost rent hurts. If your property becomes uninhabitable after a fire or storm, you lose rental income during repairs.


• Lenders require it. Mortgages on investment properties require landlord insurance.

What Does Rental Dwelling Insurance Cover?

A landlord insurance policy typically includes:

Dwelling Coverage
Pays to repair or rebuild your rental property if damaged by fire, wind, hail, or other covered perils.

Other Structures
Covers detached garages, sheds, and fences on the rental property.

Liability Protection
Covers legal fees and damages if a tenant or guest is injured on your property.

Fair Rental Income
Reimburses lost rent if your property becomes uninhabitable after a covered loss. Essential for Temple landlords depending on rental income.

Personal Property (Optional)
Can cover appliances and items you provide for tenants.

Rental Dwelling Insurance vs. Homeowners Insurance

The key difference is occupancy and use. Homeowners insurance covers your primary residence. Rental dwelling insurance covers properties you own but rent to others. Landlord policies also include fair rental income coverage and address the increased liability exposure from having tenants.

What About My Tenant's Belongings?

Your landlord policy does not cover your tenant's personal property—that's what renters insurance is for. Many Temple landlords require tenants to carry renters insurance as a lease condition, protecting both parties.

How Much Does Rental Dwelling Insurance Cost in Texas?

Landlord insurance in Texas typically costs 15-25% more than a comparable homeowners policy due to increased risk. Expect to pay $1,000 to $2,500 annually depending on property value, location, and coverage limits. Properties in Temple, Killeen, and Round Rock see competitive rates. Winkler Insurance shops multiple carriers to find affordable coverage.

Why Work with Winkler Insurance?

Since 2006, Winkler Insurance has helped Central Texas landlords protect their rental investments. As an independent agency, we compare rental dwelling insurance from carriers experienced with investment properties. Our Temple agents understand landlord needs and find coverage that protects your properties and income.

Get a Rental Dwelling Insurance Quote in Temple, Texas

Our rental dwelling insurance agents serve Temple, Texas and surrounding areas including Belton, Harker Heights, Killeen, Copperas Cove, Troy, Waco, Round Rock, and Cameron. Contact Winkler Insurance today for a free quote.