What Insurance Do You Need for a Quadplex? A Complete Owner’s Guide
- Nate Jones, CPCU, ARM, CLCS, AU
- 6 days ago
- 2 min read
Owning a quadplex—a four-unit residential property—can be a lucrative investment, but it comes with unique risks that require proper insurance. Standard homeowners insurance is generally not sufficient for multi-unit rental properties, and failing to secure the right coverage can expose you to costly repairs, liability claims, or loss of rental income.
This guide explains what insurance every quadplex owner needs, optional endorsements, and how Wexford Insurance can help protect your investment from day one.
The foundation of quadplex insurance is property coverage, which protects the building structure against covered perils, such as:
Fire, smoke, or explosions
Storm, wind, or hail damage
Vandalism or theft
💡 Tip: Ensure your policy covers replacement cost value (RCV) rather than market value so that rebuilding costs are fully covered if the property is damaged.
Liability coverage protects you if tenants, visitors, or contractors are injured on your property. Scenarios include:
Slip-and-fall accidents in common areas
Injuries caused by maintenance issues
Legal defense costs for covered claims
Quadplexes have more tenants and shared areas, so liability coverage should be higher than for duplexes or triplexes.
3. Loss of Rental Income Coverage
Also called rent loss coverage, this reimburses lost income if your quadplex becomes uninhabitable due to a covered event, such as:
Fire or storm damage
Vandalism or theft requiring repairs
Structural or major plumbing failures
💡 This coverage ensures your cash flow continues while repairs are made.
4. Optional Endorsements
Depending on your quadplex’s location and risk profile, consider:
Flood Insurance – Required in FEMA-designated flood zones
Earthquake Insurance – For properties in seismic areas
Umbrella Liability Insurance – Extra protection beyond standard liability limits
Equipment & Appliance Coverage – Protects high-value appliances provided to tenants
5. Owner-Occupied vs. Fully Rented Quadplex
Owner-Occupied: If you live in one unit, personal property coverage can be included for your unit.
Fully Rented: Landlord or multi-unit property insurance covers all units, liability, and rental income.
💡 Using standard homeowners insurance for rental units is a common mistake that can result in denied claims.
6. Factors That Affect Quadplex Insurance Premiums
Property location and natural disaster risk
Age and condition of the building
Number of units and occupancy type
Security features such as alarms and sprinklers
Claims history and maintenance record
How Wexford Insurance Helps Quadplex Owners
Wexford Insurance specializes in quadplex and multi-unit property insurance, helping landlords:
Choose the right coverage for owner-occupied or fully rented quadplexes
Add endorsements for flood, earthquake, or umbrella liability
Protect property, liability, and rental income
Ensure compliance with lender and local requirements
Final Thoughts
Quadplex insurance is essential for protecting your investment, tenants, and rental income. From property coverage and liability protection to optional endorsements and rental income safeguards, the right policy prevents costly surprises and gives peace of mind. Partnering with a specialized provider like Wexford Insurance ensures your coverage is tailored to your property and risk profile.
Contact us today.
