Landlord/Tenant

Insurance

Owners typically purchase property insurance to protect them in case of fire or other damage to the residence. Owners sometimes include provisions in their leases that relieve them of responsibility for damage to the tenant’s property regardless of the cause of the damage.

Tenants are usually not protected by the owner’s insurance. Accordingly it is in the Tenant’s best interest to purchase renters’ insurance to protect themselves against liability and their property against damage or theft.