Do Need Home Insurance On A Rental Property? 
Yes . There are policies available for rental properties . As the owner you can be held responsible for injuries on your property even if your tenant as at fault . In addition you also need to cover fire and other damage to the property . I would also require my tenants to carry renters insurance . While this is not an absolute necessity , it can provide you with additional liability protection if there is an injury that is the fault of the tenant . 