JUNE 24, 2021 | FROM THE PROFESSIONAL BLOG OF KTB PROPERTY MANAGEMENT
Tenant Liability Insurance and Renter’s Insurance
Compensation for smoke, fire or water damage? Chances are the insurance you already carry provides coverage for most of these accidental tenant incidents. But at what kind of deductible?
As a condition of any lease signed with us, we require there to be a Tenant Liability Insurance policy in place that helps to keep your insurance out of the equation. That way you do not have to file a claim and your premium stays unaffected.
That is not the only thing we require from our tenants.
Renter’s Insurance is also important and is an additional policy all on its own.
With this the renter’s personal belongings are protected - from incidents such as theft - and this coverage is offered on all of our properties.
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©KTB Property Management 2021