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selical 22nd October 2008 07:13 PM

Tenants Liability Coverage
I am looking for Tenants Liability Coverage but I've heard that policies vary greatly in terms of what constitutes a covered loss. What should I be looking for if I am renting out office space?

chizcurlz 21st June 2012 11:55 AM

Whether you rent an apartment, a condo unit, as a tenant, you share some of the same insurance needs and potential liabilities as a homeowner. Your landlord's property insurance does not cover your personal belongings such as furniture, televisions, computers, clothes, jewellery, etc. that's why you need to protect and cover yourself financially by the help of tenant insurance.

ArissaSmith 21st June 2012 05:22 PM

Have to cover yourself.
If you are renting an office space, you have to get insurance if you have anything of value in your office space. It's better safe than sorry. Your landlord's policy is not your own, bottom line is when something happens, landlord will protect themselves first.

PacificReserve 4th February 2013 02:48 PM

I am required to hold 'general liability insurance' in order to lease my office space. This is so the landlord can cover his butt in case one of my clients is injured in the building. If you need to insure anything in your office, you can purchase additional insurance to cover it.

LaneKreps 9th December 2015 03:39 AM

Tenant's liability insurance covers the damage caused by any accident to your landlord's property. It includes furniture, fittings, fixtures, etc.

david14beck 19th December 2015 12:11 AM

When you rent a furnished property, you may be responsible for insuring the landlord’s furniture and other contents. if you have a Tenant's liability insurance This means that if the landlord's furniture or fixtures and fittings are stolen or damaged accidentally whilst in your care the policy will cover your expenses.

JohnaD 5th August 2016 08:59 AM

Really depends if you are the sole owner or you are under a sub-leasing contract. Either way insurance is mandatory, both for your and your tenant's protection and peace of mind.

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