Renter’s insurance is starting to become offered, and sometimes required in leases at an increasing rate across the country. Considering the pros and cons of implementing a renter’s insurance plan, it is important to understand the best approach for your property.
Not only can renter’s insurance protect tenants and their belongings from events such as fires, floods, leaks, and theft, but it can also act as another line of defense for a property owner when it comes to liability. So in many cases, it can prove very beneficial to offer or require your tenants to purchase a renter’s insurance plan.
Click here to learn more about how renter’s insurance benefits both the tenant, and the property owner.