Renters & Landlords Insurance: What Delaware Residents Need to Know

Whether you're renting a small apartment or owning a multi-unit property, insurance is not just a formality — it's protection against the unexpected. At Downes Insurance, we help both renters and landlords across Delaware get the coverage they need, with access to 17 top-rated insurance carriers like Progressive, Liberty Mutual, and Nationwide. Here's what you should know.

What is Renters Insurance?

Renters insurance protects tenants from losses due to:

• Fire, smoke, water damage

• Theft or vandalism

• Liability claims if someone is injured in your rental

• Temporary housing if the rental becomes uninhabitable

Important: Renters insurance doesn’t cover the building structure itself — that's the landlord's responsibility — but it protects your personal belongings and shields you from liability risks.

What is Landlord Insurance?

Landlord insurance (also called Dwelling Fire Policy) protects property owners from:

• Property damage (fire, storms, vandalism)

• Loss of rental income if the property becomes unlivable

• Landlord liability for injuries on the property

• Optional coverage for tenant damage or legal fees

If you own rental properties in Delaware, a standard homeowners policy won’t cover you for tenant-related risks — you need a landlord policy.

Renters vs. Landlord Insurance — Who Covers What?

Covered Event	Renters Insurance	Landlord Insurance
Tenant’s personal belongings	✅	❌
Building structure	❌	✅
Liability (tenant-caused injury)	✅	✅
Loss of rental income	❌	✅
Temporary housing for tenants	✅	❌

Why Work with Downes Insurance?

We make it easy for renters and landlords to get affordable and comprehensive coverage by shopping policies from multiple carriers — not just one company.

• ✅ Fast, accurate quotes

• ✅ Local expertise for Delaware property owners & renters

• ✅ Friendly, personal service

Get Covered Today

Whether you're a landlord protecting your investment or a renter safeguarding your belongings, Downes Insurance has you covered. We’re proud to serve Milford and all of Delaware with honest advice and top-notch service.

👉 Call us at 302-422-8863

👉 Or request a quote at www.downesinsurance.net