WHAT IF A TENANT INJURES THEMSELVES ON MY PROPERTY AND BLAMES ME?
This is where you need Owners Legal Liability Insurance which is automatically included in both RentCoverUltra and RentCoverPlatinum. A recent example was where a tenant held a party and one of the guests became intoxicated and fell through a balcony railing. The owner and the agent were sued for damages for not maintaining the property properly, the settlement was in excess of $1,000,000. RentCoverUltra and RentCoverPlatinum include $30,000,000 owners liability.