Landlords contents and communal contents may be insured, but it is very unlikely that the tenants personal items would be included on a general buildings policy.
No, The building owners insurance policy is specific to the property of the named insured, The tenant has to insure their own property and liabilities.
Not sure. But if they have no legal interest in your home then they cannot be listed on the policy. The tenants can obtain renters insurance which will cover their personal property.
The answer is basically no. The landlord is never responsible for damages to personal property belonging to tenants in any dwelling or structure. That is why you are strongly encouraged to get renters insurance. In some cases you may have some recourse if the landlord knew of the problem. But if you get renters insurance be insurance company can determine that for you and they can seek damages from the landlord.
It is important for tenants of an apartment complex to have insurance on there personal property. Theft fire, and flood are among the biggest reasons to have such a policy.
Renters InsuranceNo. Your renters Insurance Policy is personal lines residential tenants coverage. It should provide coverage for your "Personal Property" and may have some liability and personal injury coverage as well. Your Renters or "Tenants Policy" would not cover your business property nor the property of another person. Your landlord is expected to have his own property coverage.If you need coverage for your business property you would need to pick up a business owners insurance policy. Your personal lines residential rental policy would not cover your business property.AnswerYou'd have to examine the contents of your vehicle insurance policy to determine what would be covered.
Was the tenant's property attached to the building, such as signs, wall to wall carpet, etc.? Because building insurance typically does not include contents of others but can include permanently installed Tenant's Improvements and Betterments.
It is insurance for the owner of the building that covers the building and liability. However it does not cover for any of the tenants that are occupying the suites within the building. It is also known as landlords insurance.
Is homeowner liability for a fire?No, This is why it is recommended that tenants obtain a renters insurance policy to cover their belongings and personal liability. The owners insurance is for the owners own property and legal liabilities, so unless the owner is somehow responsible for starting the fire, the owner would not be liable for the tenants property.
The main purpose of purchasing buy to let property insurance is so that the landlord owning the property is covered through insurance if the tenants damage the property.
No, the property owners coverage does not provide coverage for a tenants property or liability.
Any damage to the association building can be collected through the tenants of the association. The tenants insurance will pay a limited amount for the repairs.
No, your homeowners insurance does not cover tenants nor any of their property or liabilities. actually, the presence of tenants without the presence of an owner can void all coverage and nullify the homeowners insurance policy. If the occupancy status of your home changes, contact your agent. Leased homes require landlords insurance. Vacant homes require a vacant property policy.
If you are a tenant who rents out an apartment, house or building for living space it is a great idea to get renter's insurance. Without renter's insurance you could lose all of your personal property and valuables if a fire or burglary ever occured. The homeowner's insurance would cover the dwelling but not your personal belongings. When you're renting, you'll want to buy renters' insurance to cover your stuff. Here's a place that sells policies: http://www.statefarm.com/insurance/renters/renters.asp