Landlord insurance in Cape Coral

Cape Coral offers all the natural beauty you’d expect in southwest Florida with the added bonus of easy access to the Gulf of Mexico. The city’s 400 miles of canals makes it ideal for anyone looking to head out on the water.

But being on the coast also exposes your rental property to risk – risks that aren’t addressed by your homeowners policy. Instead, you need landlord insurance to protect your investment.

That’s where we come in. We’re Kin, and we’re committed to getting Florida landlords the coverage they need at a price they can afford.

How much does landlord insurance cost in Cape Coral? 

Landlord policies tend to cost about 25% more than a standard homeowners insurance policy to pay for increased protection. But in Florida, you’re also dealing with several issues that push insurance rates even higher, including:

• Costly reinsurance.

• Excessive litigation.

• Increasing weather risks.

Landlords in Cape Coral also have to contend with city-specific risks. Over the next 30 years, many Cape Coral properties will likely see damage from:

• Hurricanes.  Risk Factor estimates that 100% of Cape Coral homes face the possibility of hurricane wind damage.

• Wildfires. Just over 50,000 properties in Cape Coral risk being affected by wildfires.

• Floods. More than 80,000 properties have a 26% chance of seeing flood damage.

What’s more, the city’s property crime rate may also cause higher rates for landlords. The greater chance of property owners being victims of vandalism, arson, and theft is often a factor in landlord insurance rates.

How to save money on your landlord insurance

Working with Kin is a good first step to finding quality landlord coverage that’s affordable. We use technology to mine key insurance data about your rental property and use it to set a premium that accurately represents your unique risks.  

Next, you can get discounts if your rental property has fire sprinklers, burglar alarms, gated access, or other security systems.

Finally, you may also be able to lower your costs by choosing higher deductibles. Kin offers the following deductible options for landlord insurance in Cape Coral:

• Standard deductible: $500, $1,000, $2,500, and $5,000

• Hurricane deductible: 

  • $500

  • 1%, 2%, 5%, or 10% of your Coverage A limits.

Not everyone saves money when they work with Kin, but our average landlord customer reports saving over $550 annually.*

Frequently asked questions about landlord insurance

When you start charging rent, your risks change, and that means you need to do a little research to make sure you’ve got the right coverage for your property. This is a good place to start.

• What is landlord insurance?

• How does landlord insurance work?

• Does homeowners insurance cover tenants?

Resources for Cape Coral landlords

• Insurance for Air B&Bs and other short term rentals

• Changing insurance when you start renting out your home

• Florida landlord and tenant law (flcourts.gov)

• Cape Coral rental property registration brochure

• Cape Coral rental property registration form

• Cape Coral rental property maintenance guidelines

• Evictions information for Lee County

How to get landlord insurance in Cape Coral, FL

Getting a landlord insurance quote from Kin is easy! Simply enter your address and answer the questions to get your quote in just a few minutes. If you prefer to speak to an individual, please call us: 855-717-0022.

Landlord insurance guides for Florida cities

*Customers who switched to Kin report annual savings of $574 on average. Based on Kin Customer Savings Survey conducted October 2022 through October 2023. Potential savings may vary.