How much loss of rents coverage do I need on my Georgia landlord policy?

Loss of rents coverage on a Georgia DP-3 pays the rental income you would have collected while your property is uninhabitable following a covered loss, typically up to 12 months. The limit should equal at least 12 months of your gross rental income. On a $2,000 per month rental, that is $24,000. Many Georgia landlords set this limit too low or leave it at the policy default, which creates a cash flow gap during the repair period. We set this coverage based on actual rental income at every landlord policy placement.