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Tenant Insurance

 

Responsibilities of Tenant Insurance

 

If you plan to rent a portion or all of your home, Tenant insurance is a must for your piece of mind.  The are many adverse effects of renting your home, particularly  if its an unauthorized suite. The owner of the building is not liable for loss or damage to tenants belongings, theft,damage and liability must be a separate Insurance the tenant should be responsible  to pay for it. Additional coverage may be purchased by the owner to help protect from damages by the tenants. Keep in mind these  additional tenant insurance can be costly but beneficial.

The tenant should be made aware to get their own Basic Liability and Content coverage .

 

  • Basic Liability , covers any damage caused by the tenant or  their guest in your home
  • Content coverage,  will pay for or replace any of the tenants personal belonging

 


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