Re: How much do you pay for tenant insurance? - Landlord Forum thread 360911

Re: How much do you pay for tenant insurance? by Garry on October 31, 2020 @11:01

Rita, this is a landlord website, where a landlord writes in to other LLs, asking Qs about tenants. That being said, I would suggest you go ahead and call several of the large insurance companies that advertise on TV, and get quotes from them. In general, they will quote you a cost of between $10-$15 per month, for a basic policy.

That will cover all your PERSONAL belongings you own, as well as certain accidental damages caused by you, such as a cooking fire that takes out the whole kitchen. In that case, the LL will look to your insurance company to recover damage costs to his building. The LL has his own insurance to cover storm or fire damage to his building NOT caused by you. His insurance does NOT cover YOUR personal items if they are destroyed by that same fire or storm.

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