How Renters Insurance Protects Landlords

By
Real Estate Agent with Remax Excellence - Silver Spring, MD Maryland #318884

Sometimes, especially in lower income properties, landlords will opt out of requiring tenants to get renters insurance.  This is not only a huge risk for the tenants, it’s also a huge risk for the landlord and the reason can be summed up in one word:  LIABILITY.

Let’s assume a couple hypothetical scenarios where the tenant does not have renters insurance:  Continue Reading

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Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. Michelle Cooks 01/20/2013 07:05 AM
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Maryland Montgomery County Silver Spring
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Rainmaker
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Edward & Celia Maddox
Solutions Real Estate - Queen Creek, AZ
EXPERIENCE & INTEGRITY - WE TAKE THE HIGH ROAD

Good advise.  Sounds like this should be requirement in leasing units.

Oct 15, 2012 07:48 AM #1
Rainmaker
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Michele Cadogan
Fillmore Real Estate Brooklyn New York - Brooklyn, NY
917-861-9166 - Brooklyn Real Estate Home Sales

 

Interesting read- thanks for sharing this post regarding renters insurance-  Have a very productive week.

Oct 15, 2012 08:02 AM #2
Rainmaker
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Tanya Van Blake-Coleman
Van Blake-Coleman Realty, St. Thomas/www.talk-to-Tanya.com - St Thomas, VI
Improving the Quality of Your Life

Thanks for sharing the information on insurance and renters. I make it a requirement in all of my leases.

Oct 15, 2012 07:14 PM #3
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Rainer
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Emcee M. Arah

Realtor w/Architectural Dimension, CRS, CDPE, CIAS

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