A habitational insurance policy can also cover the costs of repairing or replacing structural damage resulting from natural disasters such as storms and fires. Certain areas in the coastal states (e.g. California, New York, etc.) are at higher risk of flooding than other regions, and the same is true for earthquakes (which occur frequently in California, Oregon, Illinois, and South Carolina, among other states); if you own rental properties in any of these areas, you may acquire additional protection against such disasters.

Landlord insurance helps shield your property from the financial devastation of natural disasters like storms, fires, and even earthquakes. While most policies cover common perils, it's essential to recognize that specific coverage, such as flood or earthquake insurance, might require additional protection.

Misconceptions about coverage are common. Many property owners mistakenly believe their homeowner's insurance covers flood or water damage. To ensure complete protection, carefully review your policy and consider supplemental coverage as needed.