Home, Landlord and Tenant's Insurance Costs Rising A report by SPG Global shows US residential insurance costs are rising quickly and contributing to rent price increases. States such as Texas, Florida, Arizona, Colorado, North Carolina, Oregon have seen significant insurance rate growth. An insurance.com report has it that Farmer's Insurance Company raised premiums 19.3% by…
Tenants Insurance Covers Real Liability & Loss For a number of reasons, landlords and property managers are requiring their tenants to possess renters' insurance (tenants insurance). A key reason is that homeowner and landlord insurance doesn't cover all liabilities in case of accidents. Given the lack of housing available today, losing one's possessions and being…
What is Renter's Insurance? Renter's insurance is a policy with an insurance coverage provider. It's to help protect renters' personal property and liabilities in the event of an accident or disaster (i.e. fire, theft, etc.). Your landlord's insurance policy generally does not typically cover a rental tenants' possessions. Renter's insurance is inexpensive and is easy…
Property managers handle a vast spectrum of responsibilities. It is important while doing your job, you are informed of insurance policies that can provide you coverage should any accidents or mishaps occur. Lawsuits in this industry are quite common, so having the right protection can cover any risk you may face. Any property manager who:…
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