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
Comments