Yes, Budget Insurance offers renters insurance. It is wise to consider getting renters insurance, since you never know when a disaster or problem may occur. It is reasonably priced and a big relief if the unfortunate does occur.
I am renting a trailer and a limb falls on my vehicle while parked on the property who is responsible for the damages
people from all walks of life (the insured)
an individual who buys an annuity pays the insurance company a sum of money and, in return, will receive a monthly income for as long as the purchaser lives.
Many different types of people buy term life insurance for temporary life insurance needs, such as, Individuals Couples Married Couples Young Families Homeowners Newlyweds Expecting Parents People with a Mortgage
It doesn't, The owner buys property insurance to protect himself from financial loss in the event the property is damaged by any number of natural or unnatural hazards. A renter buys renters or tenants liability insurance. It can cover damages to the owners property for which the renter is liable. It is not possible under the law to be liable to ones self.
Renter's insurance Renter's insurance
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.
In general, no. Renter's insurance covers the property of the renter, not the property of the landlord.
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.
There is renters insurance, but it is on the items the renter has brought into the house/apartment. The owner has insurance on the building.
Renter's insurance Renter's insurance
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.
No. That's what renters insurance is for.
A typical renter's insurance policy can be expected to be between $100 and $200 per year.
That depends. If the renter has their own flood insurance then the renter could certainly file a claim on it they have a flood loss. If your asking can the renter file a claim on the Property owners flood insurance then the answer would be no. The owners flood insurance would be specific to the owners property, not property belonging to a tenant.
Commercial Space Rental and InsuranceWhat you would need to buy for a commercial space is called Commercial General Liability Insurance. AnswerThere is a big difference between Retail and Renter's insurance. Retail insurance is for any type of basically a retail business that has an inventory used for retail purpose. Renter's insurance is used for a private individual or family that is renting a home or apartment and wants to protect their belongings from fire/flood/etc. You cannot use renter's insurance to protect a retail space which is considered business. Retail insurance does cost more. But to get the best answer to this question consult your insurance agent.