Renters Insurance for Your Tenants
Regardless if your Real Estate Portfolio is full of residential properties, commercial buildings, or a mixture of both the subject of Renters Insurance for your tenants is a critical part of protecting your business. Requiring this coverage in your leases is one of the smartest things that you can do to give yourself a layer of protection from lawsuits that arise because of the actions of your tenant. Regardless if your tenant is carrying renters insurance on an apartment unit or they are a business owner carrying General Liability for a commercial space they are renting, making sure this coverage is in place is worth your time and effort. This month we will explain to you how these policies secured by and paid by your tenant work to your benefit.
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