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What else can I help you with?
Can landlords require renters to pay for a hotel while apartment is under construction?
The landlords insurance would cover the hotel costs if your apartment was damaged under a covered insurance loss. Your tenants insurance would also provide coverage as well.
Does renters insurance cover loss of furniture due to landlords negligence?
Yes it would but if it were due to the landlords negligence his liability insurance would cover the loss. Your insurance co will chase the claim against his for you. Place a claim with them.
Is it legal for a landlord to require you to cary renters insurance and list them as an insured interest in California?
Yes, It is legal in every state. It's in your lease contract that you would have signed when you rented the place. Pretty much all landlords around the country require insurance now or you are not considered eligible to rent the place.
Does homeowners insurance cover rental property damages?
No, you would need to purchase an Insurance policy for your Rental Property. Sometimes referred to as landlords Insurance.
Do you need home insurance if you are renting?
Not for the building fabric - that should be the landlords responsibility, but you would benefit from contents insurance (in case you are robbed etc.).
Who is responsible for water damage caused by a faulty washing machine. The damaged party has no insurance?
Who owns the washing machine? If it is the upstairs tenant and he has tenants insurance (as you should) then his insurance pays. The landlords insurance company would also pay and your insurance company will take care of it all. Let them duke it out. If you are the landlord and you did not require your tenants to carry insurance...does the word "fool" mean anything to you now?
What is a minimum amount that a landlord would require of a tenant for liability insurance?
The minimum amount of liability insurance a landlord may require from a tenant typically ranges from $100,000 to $300,000. This coverage helps protect both parties from potential claims related to accidents or injuries occurring on the rental property. Some landlords may also specify additional coverage for personal property or specific risks. It's important for tenants to review lease agreements carefully to understand the specific requirements set by their landlords.
What types of insurance cover would a stuntman require?
health insurance personal accident
I would like to make a living by having houses for rent, do I need a business license to do that?
Most states do require that landlords obtain a business license.
Is catastrophic insurance a reliable insurance plan?
Catastrophic Insurance is an insurance policy that is minimum coverage and only protects you in the situation of a catastrophe. There would be no need for you to buy an insurance policy like that.
What does landlord insurance protect against?
Landlord insurance can protect against disasters that would cost money for the landlords complex. These disasters can include fire, lightning, explosions, earthquakes, storms and floods. However, it varies between policies.
Do you need insurance on a small boat?
If you have a loan, probably. No loan would mean no requirement. Common sense though would require it. Adding it to your home insurance or renters insurance would probably cost pennies.
