Posted by: phillipsre | January 15, 2015

Renters Insurance – Make Sure Tenants are Covered

house This article from Property Manager Insider outlines the many reasons that tenants need to make sure they have renters insurance. Renters insurance will protect a tenant and their belongings in the event there is a natural disaster, fire or water damage in the rental property, it is not just a prerequisite to get your lease approved. Accidents happen, and when the tenant is displaced from their rental property due to unforeseen problems, having rental insurance will help pay for living expenses and cover any damages. Insurance is not just for homeowners to protect their investment, it is a smart choice and is becoming a common requirement for most rental properties.

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