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A Safer Home: How Landlords Can Protect their Properties as Insurance Costs Rise

American Apartment Owners Association

Loss-of-use coverage is not covered under a landlords policy normally but would be covered under the renters insurance policy purchased by a tenant. The insurance company would cover the rental payments lost by the landlord. Let renters know that in the event of any issues on-site, they should alert the landlord immediately.

Insurance 246
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Do You Know What Is Excluded From Your Insurance Policy?

Rental Housing Journal

Intentional Tenant Damage Many investors assume that any damage done by a tenant will be covered by their property policy. Intentional tenant damage is usually a sudden, one-time event and may include damage such as broken doors, missing appliances, or spray-painted walls. can cause mold within 24-48 hours.

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A Safer Home: How Landlords Can Protect their Properties as Insurance Costs Rise

American Apartment Owners Association

Loss-of-use coverage is not covered under a landlords policy normally but would be covered under the renters insurance policy purchased by a tenant. The insurance company would cover the rental payments lost by the landlord. Let renters know that in the event of any issues on-site, they should alert the landlord immediately.

Insurance 130
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Canine Contingent Liability

Rental Housing Journal

By Deborah Turner These days being a property manager or landlord come with many challenges, and one of the most common is managing properties where tenants have dogs. Turner, CPCU, AAI President of Dean Insurance Agency, Inc. Quotes are provided quickly, and financing options are available. About the author: Deborah J.

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Mitigation For Common Property Losses

Rental Housing Journal

By addressing potential issues early, landlords and property managers can prevent disruptions and maintain a safe environment for tenants. To mitigate fire risks, install working and unexpired smoke detectors and fire extinguishers in all properties, educate tenants about fire safety, and consider utilizing additional suppression tools.