5 Reasons Why You Need Landlord Insurance
Ever heard of horror stories that involved tenants? If you’re thinking of ghosts and whatnot, that’s not what we are talking about. Believe it or not, there is something a lot scarier than a ghost, and they are called tenants from hell. If you’re a landlord, then you might very well know they exist, and that these are very much real. If you own properties that you rent out to others, then you need a Landlord Insurance. It is a protection for you, for your property as well as your guests. There are lots of reasons why every landlord needs the best Landlord Insurance. It gives you more liability coverage. Accidents happen whether we like it or not. There will be times untoward incidents occur to our tenants no matter how hard we try to prevent them. When this happens, they can sue landlords for severe injuries. If these guests have been residing long enough on the property, the damages will most likely not be covered by your liability insurance. Homeowners insurance is not eno