Top Landlord Insurance Options for Louisiana Rentals

Jun 13

Protect your rental property—without the guesswork

Are you renting out a home, duplex, or apartment in Louisiana? Whether you own a few units in Metairie or a camp house near Grand Isle, you need the right landlord insurance options to stay protected.

Let’s break down what landlord insurance covers, why it’s different from homeowners insurance, and what Louisiana landlords need to consider (especially when it comes to hurricanes, flood zones, and tenant damage).

White paper with ink pen across the bottom. "Landlord Insurance Policy" is printed across the paper to represent landlord insurance options. — Know your landlord insurance options for Louisiana.

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Important Points

What Is Landlord Insurance & Who Needs It?
5 Landlord Insurance Options to Know in Louisiana
Key Louisiana Landlord Tips
FAQs
Key Takeaways

What Is Landlord Insurance & Who Needs It?

Landlord insurance (also known as dwelling fire insurance) is designed for people who rent out property they don’t live in. Unlike a standard homeowners policy, it covers:

The structure of the building
Liability protection if a tenant or guest is injured
Loss of rental income after a covered event (like fire or storm damage)
Optional extras like vandalism, tenant damage, or appliances

👉 Whether you rent a shotgun double in New Orleans or a student house in Baton Rouge, if you don’t live there, you need landlord coverage—not homeowners.

5 Landlord Insurance Options to Know in Louisiana

1. Basic Dwelling Coverage (DP-1)

This is the most affordable type—great for landlords who want protection from the essentials: fire, lightning, windstorm, and vandalism.

Example: If a storm damages your roof in Lake Charles, your policy can help repair the structure.

⛔ BUT: It usually pays actual cash value, not full replacement cost. And it’s limited to named perils only.

2. Broad Form Coverage (DP-2)

More robust than DP-1. It includes additional risks like falling objects, burglary damage, freezing pipes, etc.

Example: You rent out a raised home in Slidell and a tree limb crashes through the roof during a storm—you’re covered.

It usually includes replacement cost, which helps you avoid out-of-pocket surprises.

3. Special Form Coverage (DP-3)

The most comprehensive option. Covers all risks except those specifically excluded.

Example: Your tenant accidentally starts a kitchen fire in a rental unit in Lafayette—you’re likely covered under DP-3.

This is ideal for long-term rental property owners who want more peace of mind & fewer gaps in protection.

4. Loss of Rent Coverage

Helps replace lost income if your property is uninhabitable after a covered claim.

Example: A hurricane damages your rental in Houma and tenants can’t return for 2 months—this coverage helps replace that lost rent.

5. Liability & Medical Payments

Protects you financially if a tenant or guest gets injured on your property and files a claim.

Example: A tenant in your Baton Rouge rental slips on a loose stair—this covers legal fees or medical bills up to policy limits.

Mockup of a red and white house with a grey roof. A house key on a key ring is on the table next to the house. — If you’re a landlord, you need landlord insurance.

Key Louisiana Landlord Tips

Flood damage is NOT covered under standard landlord policies. If your rental is in or near a flood zone (like areas around Hammond, New Iberia, or LaPlace), ask us about landlord flood insurance.
Short-term rentals (like Airbnb properties in New Orleans or Grand Isle) may need a different kind of policy altogether—be sure to mention this during your quote.
Always ask if your policy includes replacement cost vs. actual cash value—this can make a BIG difference in a claim.

FAQs

Frequently Asked Questions About Landlord Insurance Options

Yes. Even one rental—like a side unit or converted garage in Kenner—should have landlord coverage. Reach out to learn more about landlord insurance and to get a free quote.
Absolutely, and it’s a smart move. Renters insurance protects their belongings and may reduce liability risks for you.
In most cases, yes. Premiums are typically a deductible expense for rental properties. (Talk to your tax advisor for details.)
Many policies have restrictions on vacancies over 30–60 days. Let us know if your rental might be vacant for a while.
Not by default—but you can add coverage for items like stoves, refrigerators, or central air systems.

Key Takeaways

If you rent out property in Louisiana—whether it’s a shotgun house in the Marigny or a fourplex in Lafayette—landlord insurance isn’t optional. The right coverage protects your income, your property, and your liability. Learn more about landlord insurance and get a free a quote!

About Landeche Insurance

At Landeche Insurance, we’ve been helping Louisiana landlords for over 20 years. We’re based right here in the state—and we know what it’s like to deal with hurricanes, flooding, and unexpected tenant issues.

What you get with us:

Local knowledge of flood zones, hurricane risk & tenant laws
Access to multiple top-rated carriers—not just one
Clear, honest advice (without the confusing insurance lingo)
Support when you need to make a claim or update your policy

Whether you rent 1 home or manage 20, we’re here to help you choose landlord insurance that fits.

👉 Click here to get your quick, no-hassle quote today.

Have questions? Give us a call! 👉 Call 504-228-7184.

Hi, I’m Ronnie — founder of Landeche Insurance. I’m a lifelong Louisiana resident who believes insurance should be honest, local & easy to understand.

Protecting Louisiana families & property for 20+ years. Experts in homeowners, flood, auto, landlord, life & classic car insurance (& more) — with clear advice & coverage that fits you. Based in Louisiana. Real help from real people. 👉 Call 504-228-7184.