Those who own rental properties want to make sure they have adequate buildings insurance for landlords to cover liability and property damage. Certainly, problems can occur even if the landlord acts carefully in most cases. Tenants may try to sue for damages to themselves or their property or even sue for a wrongful eviction.Basically, the appraised property value will be the main factor to determine the amount of coverage. Make sure that in the valuation other buildings like garages and storage sheds are also included in the coverage. You can find policies that cover actual value as well as those that cover replacement value.You may also factor in loss of income due to the fact that the property is rendered unfit for living or when tenants refuse or fail to comply with the rental payment. Meanwhile liability coverage will deal problems arising from wrongful eviction or tenant injuries brought about by faulty structure or lack of repair. They can seek compensation for medical care, lost wages and other physical pain they may suffer.