Hi, Im negotiating to rent a kitchen 1 day a month for a few hours. The just emailed me that she is requiring I get renters insurance? Is that normal? I wont have any valuables at the kitchen. Thanks for your input.
Lisa
I have to carry comprehensive public liability insurance, covering me and the landlord, from loss by accident on or near the premises for $1,000,000 for bodily injury; $50,000 for property damage; and $1,000,000 Product Liability covering products made on the premises.
Yeah, I don't think renters insurance is the right title (that's more for when you rent an apartment) but there are definitely other insurances that you will need. Just contact your regular agent and see what they have to say on it.
Renter's Insurance is the insurance that a landlord takes out against the possibility of a tenant doing a midnight-flit without paying rent up to date, the cost of any repairs due to tenants abuse, and the general maintenance due to their unscheduled departure ..
Renter's Insurance is the insurance that a landlord takes out against the possibility of a tenant doing a midnight-flit without paying rent up to date, the cost of any repairs due to tenants abuse, and the general maintenance due to their unscheduled departure ..
Interesting, in the US it's insurance that the renter himself has to take out because the landlord's insurance doesn't cover tenants for personal loss if the place burns down or gets robbed. We used to rent apartments in the house we owned, and the tenants wouldn't have been covered under our homeowner's insurance if their apartment was robbed unless they had their own insurance.
Interesting, in the US it's insurance that the renter himself has to take out because the landlord's insurance doesn't cover tenants for personal loss if the place burns down or gets robbed. We used to rent apartments in the house we owned, and the tenants wouldn't have been covered under our homeowner's insurance if their apartment was robbed unless they had their own insurance.
Exactly. It covers the contents belonging to the renter.
Renter's Insurance is the insurance that a landlord takes out against the possibility of a tenant doing a midnight-flit without paying rent up to date, the cost of any repairs due to tenants abuse, and the general maintenance due to their unscheduled departure ..
Actually that's Landlord's Insurance.
Renter's Insurance is the insurance that a landlord takes out against the possibility of a tenant doing a midnight-flit without paying rent up to date, the cost of any repairs due to tenants abuse, and the general maintenance due to their unscheduled departure ..
Actually that's Landlord's Insurance.
Auzzi is from Australia - it might be titles differently down there.
Renter's Insurance is the insurance that a landlord takes out against the possibility of a tenant doing a midnight-flit without paying rent up to date, the cost of any repairs due to tenants abuse, and the general maintenance due to their unscheduled departure ..
Actually that's Landlord's Insurance.
Auzzi is from Australia - it might be titles differently down there.
So am I.
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