| Most landlords have insurance on the property | | | | it is the tenant and not the landlord who may |
| they rent, but the people who are renting can | | | | be liable for this problem. If the renter had |
| and probably should have renter's insurance | | | | insurance, the claim would be covered as long |
| to protect their property. This type of | | | | as the tenant is the one responsible for |
| insurance covers items that are inside a | | | | maintaining the area.If the apartment or home |
| rented property. In simple terms, while the | | | | you are renting is in a high crime area, it |
| landlord may have insurance for damages to | | | | is especially important to have renter's |
| his building, he or she probably does not | | | | insurance. It will cover all personal items |
| have coverage for the valuables you have in | | | | that are stolen from the property. If there |
| your rental unit. In the event something | | | | have been repeated break-ins in the area, you |
| happened to the landlord's building and you | | | | may have a problem getting insurance, so make |
| were displaced for a time, the renter's | | | | sure you check that out before you move into |
| insurance would also pay for your stay. This | | | | a rental space in a high crime area.Renter's |
| type of insurance is also very handy for | | | | insurance is like homeowners insurance. You |
| tenant liability problems. If the tenant is | | | | pay a monthly or yearly premium, as well as a |
| supposed to maintain the property but does | | | | deductible. The higher the deductible, |
| not and someone is injured on the premises, | | | | usually the lower the monthly payments. |