Renters Insurance – Protection for Tenants AND Landlords

March 21, 2012 at 9:12 AM | Posted in Home, Insurance Policy, Personal Insurance, Personal Property, Renters | Leave a comment
Tags: , , , , ,

If you are a landlord, there is no coverage for the personal property or personal liability of tenants under your property policy. That’s why many landlords are now requiring all tenants to purchase Renters Insurance.

A basic renters policy provides coverage that would help protect both you and your tenants:

  • Personal Property – Covers the personal property of your tenants.
  • Loss of Use – Provides additional living expenses for your tenant if they have to temporarily relocate due to a covered loss. This will help keep a good tenant from finding another permanent rental while repairs are being made.
  • Personal Liability – Responds to situations where the tenant is legally liable for bodily injury or property damage of others. The renters policy would respond first for a liability claim, potentially keeping you out of the suit.
  • Medical Payments to Others – Pays expenses incurred by non-household members unintentionally injured by your tenant or a pet on their property to prevent the claimant from filing a lawsuit for medical bills.

An annual Renters policy can be as little as $150 a year!  A premium this small can be worked into a lease, and will pay you and your tenants back with assurance and protection.

Encourage your tenants to contact us today for a no obligation quote at 1-888-850-9400.

Advertisements

Leave a Comment »

RSS feed for comments on this post. TrackBack URI

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Create a free website or blog at WordPress.com.
Entries and comments feeds.

%d bloggers like this: