As the owner or landlord of an home, condo, or other property, you want to be prepared in the event that your rental property is damaged. An Arizona Landlord Insurance Policy can keep you and your rental property protected. Landlord Insurance can provide coverage for the building, medical payments, and liability and loss of rental income to accommodate the special risks that you as a property owner may face. Landlord Insurance does not provide coverage for another person such as a tenant’s property. The tenant would purchase renters insurance.