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If you own a rental property in Utah, a standard homeowners policy won’t cut it. Landlord insurance in Utah is essential for protecting your investment—both legally and financially.
Why Landlord Insurance Matters
While homeowners insurance is designed for owner-occupied homes, landlord insurance specifically covers rental properties. Without the right policy, you risk claims denials and unexpected expenses if tenants cause damage, someone gets injured on your property, or you’re sued for liability.
Here’s what landlord insurance typically covers:
- Property damage from fire, storms, vandalism, or tenant negligence
- Loss of rental income if the property becomes uninhabitable
- Liability coverage for injuries occurring on the property
- Optional add-ons like rent default protection or legal fee coverage
📌 Pro Tip: Many Utah landlords bundle their policies with umbrella insurance or additional liability protection for full peace of mind.
Utah-Specific Legal Considerations for Landlords
Utah has clear landlord-tenant laws that shape how you manage risk:
- Security Deposits: Landlords can collect deposits but must return them within 30 days of lease termination (Utah Code § 57-17-3).
- Tenant Notice Requirements: You must give at least 3 days’ notice for non-payment evictions and 15 days for lease terminations without cause.
- Liability Risk: Utah recognizes premises liability law—meaning you’re responsible for keeping the rental property safe for tenants and guests.
Because of these statutes, liability insurance and loss-of-rent coverage aren’t just nice-to-haves—they’re strategic safeguards.
Homeowners Insurance ≠ Landlord Insurance
It’s a common mistake: new landlords assume their homeowners policy still applies after they move out and rent the home. It doesn’t.
Homeowners insurance typically excludes coverage if the property is tenant-occupied. That means:
- Fire or water damage could be denied if caused during a rental term
- You’re likely not covered if a tenant sues you
- Loss of rental income will not be reimbursed
To protect your investment and stay compliant with insurance standards, make sure your policy is written as landlord insurance or a dwelling fire policy (commonly referred to as DP-1, DP-2, or DP-3 depending on coverage level).
How Much Does Landlord Insurance Cost in Utah?
Costs vary based on location, property type, and coverage options, but expect to pay:
- $900–$1,800/year for single-family properties
- Slightly more for multifamily units, especially if they’re older or have shared spaces
Factors that affect pricing:
- Property age and construction type
- Crime rates and fire protection proximity
- Tenant screening practices and local vacancy rates
Want to compare quotes from investor-friendly insurers?
👉 Get matched with a landlord insurance provider now
Key Benefits for Utah Real Estate Investors
If you’re actively investing in the Beehive State, landlord insurance plays a vital role in your long-term strategy:
- Protects cash flow by covering loss-of-rent
- Limits liability risk during tenant disputes or property damage
- Required by most lenders for investment property financing
- Enhances credibility when working with agents, lenders, and property managers
🛡️ Whether you’re buying your first rental or scaling up, insurance isn’t optional—it’s foundational.
FAQs About Landlord Insurance in Utah
Do I need landlord insurance for short-term rentals like Airbnb?
Yes. Most standard landlord policies exclude short-term rental risks. Instead, you’ll need a specialized short-term rental insurance policy.
Learn more about STR financing
Can I keep my homeowners insurance if I only rent out part of the home?
If you’re house hacking (living in one unit while renting another), you may be able to add a rental endorsement. But check with your insurer—most will still require a landlord policy.
What if I own multiple rental properties?
You can often bundle them under a portfolio policy with multi-property coverage and a single deductible. This is ideal for scaling investors.
Explore our guide to insurance for multiple properties
Your Next Step: Protect Your Utah Investment Property
Don’t let a denied claim or tenant lawsuit derail your rental business. Landlord insurance in Utah is a small price to pay for peace of mind.
✅ Submit your property details now to get matched with a top-rated provider
✅ Get fast coverage for new rentals
Read Next
- Avoiding Common Mistakes with DSCR Loans for Your Rental Properties
- Rental Property Portfolio Insurance Guide
- Flexible Rental Portfolio Coverage
Protect Your Rental Investment with Steadily
- Comprehensive coverage for fire, water, vandalism, and more
- Quick online quotes—get insured in minutes
- Tailored policies for short, mid, and long-term rentals
- Nationwide availability across all 50 states
Our advise is based on experience in the mortgage industry and we are dedicated to helping you achieve your goal of owning a home. We may receive compensation from partner banks when you view mortgage rates listed on our website.
