What type of property would typically not be covered under a basic landlords policy?

In a basic landlords policy, coverage is generally tailored to protect the property owner’s interests, primarily concerning the physical structure of the rental property and certain liability issues. Personal property belonging to tenants falls under their own insurance or renters' insurance rather than the landlords' policy. This aspect is crucial because tenants are responsible for their own belongings, meaning that should any damage or loss occur, it is the tenant's insurance that would typically provide compensation. Thus, the personal property of a tenant would not be included in the coverage that a landlord’s policy offers.

In contrast, residential rental properties, common areas of multi-family units, and property used for home-based businesses are generally part of the landlord's coverage, as they relate directly to the responsibilities and interests of the property owner.