How Renters Insurance Protects Landlords

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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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  1. Michelle Cooks 01/20/2013 07:05 AM
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Rainmaker
946,310
Edward & Celia Maddox
We Take The High Road
Solutions Real Estate

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

October 15, 2012 07:48 AM
Rainmaker
512,920
Michele Cadogan
917-861-861 - Brooklyn Real Estate Home Sales
Fillmore Real Estate

 

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

October 15, 2012 08:02 AM
Rainmaker
148,383
Tanya Van Blake-Coleman
Improving the Quality of Your Life
Van Blake-Coleman Realty, St. Thomas/www.talk-to-Tanya.com

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

October 15, 2012 07:14 PM
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Emcee M. Arah

Realtor w/Architectural Dimension, CRS, CDPE, CIAS
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