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No, landlord insurance does not provide protection to the renter. Landlord insurance simply covers the landlord if an issue that is of their fault arises. All other issues are at the renter's responsibility. All renters should acquire renters insurance.
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What is the difference in renter and landlord insurance?
The diiference between landlord & renters insurance is that landlord insurance is a policy that covers property owner from financial losses with their property.Renters insurance is policy that cover the renter from financial losses or personal items.
Do renters insurance cover broken windows?
In general, no. Renter's insurance covers the property of the renter, not the property of the landlord.
Can the landlord require renter insurance?
Yes! Your landlord can require anything he wants in the lease.
What would likely be covered under homeowner's insurance but NOT by renter's insurance?
Damage to anything covered by the landlord's insurance, because the landlord owns the property not the renter. Such damage would be covered under homeowner's insurance, because the homeowner owns the property.
Can a Landlord dictate the amount of renter's insurance you get?
In many places, depending on the lease, the landlord can insist on the minimum amount of insurance the tenant has.
Where can a landlord obtain insurance for his rental property?
Most insurance companies that sell homeowners and renter's insurance also sell landlord insurance. Some companies where someone could purchase landlord insurance include Allstate, MetLife, and Progressive.
In Oregon do you have to have landlord insurance?
State rental insurance is optional as far as state laws are concerned. But many landlords insist that you carry Renter's Insurance for the protection of the unit and to benefit the apartment complex if intentional or accidental damage occurs to the unit.
If you are renting an apartment and the water heater suddenly starts leaking will the landlord's home insurance cover damage to books and comic books?
Typically, the landlord's home insurance would cover damage to the structure of the apartment but not your personal belongings like books and comics. You would need to have renter's insurance to cover damage to your personal property in such a situation. It's important to have your own coverage to protect your belongings in cases like this.
Is the landlord responsible for damaged to my personal property if the damage was caused an fire?
The landlord is generally only responsible for the building, not the belongings inside. That's what renter's insurance is for.
Would likely be covered under homeowners insurance but not by renters insurance?
Damage to anything covered by the landlord's insurance, because the landlord owns the property not the renter. Such damage would be covered under homeowner's insurance, because the homeowner owns the property.
Is your landlord responsible if a tree limb falls and damages your car?
No. This is why landlords require tenants to carry renter's insurance. Call your car insurance provider.
Does an owners liability insurance cover damages to contents of renters property if the homeowner is negligent?
No, a homeowners insurance policy does not provide coverage for the property of a tenant. That's what "Renters Insurance" is for.If the renter chose not to purchase a renter insurance policy, Then the renter was negligent to the extent that the renter chose not to purchase a renter insurance policy, perhaps with the mistaken belief that the owners policy would cover them.
