Rental insurance
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Transcript of Rental insurance
Protect Your Assets
Often times tenants and/or their guests are negligent in damages to the property
Most tenants have limited assets and getting meaningful judgments against them for negligent related damages is very challenging
Greater Boston landlords often get sued when someone is injured on their rental property regardless or not if the landlord was at fault
The Importance of Renters Insurance for Landlords
Tenants can be potentially liable for injuries to visitors at their rental or for damages to the property by others
Owner’s insurance policy will not insure a tenant’s personal property, cover damages to the landlord’s property caused by the tenant’s negligence, or protect the tenant against liability claims
Landlords have the legal right to collect money from tenants for any damages caused by the tenants negligence
The Importance of Renters Insurance for Tenants
Renters insurance is viewed by most as a benefit to both tenants and landlords in Greater Boston Area
Renters Insurance is very affordable when compared to other forms insurance and in nearly all cases is worth the expense
A little bit of monies can go a long way in protecting the property and assets of the landlords and tenants.
Buy Rental Insurance – Protect Your Assets