If you have a dwelling that you are not living in and you have someone else living there, even if it is another family member, it needs to be insured on a landlord policy. A traditional homeowners insurance policy will not cover a home you do not live in.
What Makes A Landlord Policy Different?
What it covers - A landlord insurance policy will cover your rental property, the structures on the property, and your personal property that is in premises for the tenant to use, such as washer, dryer, stove, and refrigerator.
What it will not cover - It will not cover the property and personal liability of your tenants. They need to purchase a renters insurance policy.
Liability protection - You are protected from claims made against you for accidental damage related to your rental property.
Fair rental value - If there is an event that causes a loss which is covered by your policy, and your property is uninhabitable, you will be reimbursed for loss of income because your tenants will no longer be paying you rent.