Do you require your Stockton Renters to have renter’s insurance policies?
If not, one of you could be putting yourself in a dangerous financial position by not requiring your tenants to have renters insurance.
In this article we will cover why renters insurance is important and how it will affect your best interests.
Renters Insurance Protects the Tenant
One of the great things about renters insurance is that it protects the tenant, and their belongings, should damage occur to their stuff while your rental property is under the process of renovation or repair.
Renters Protects Stockton Renters Financially
Let’s say that your Stockton Renter has a party at your rental property and one or more people are injured at this event.
Renters insurance will protect the tenant financially if there are any accidents or injuries to their guests who may be visiting the rental property.
Renters Insurance Protects YOU, the Landlord
Besides the obvious benefits renters insurance offers tenants it’s an especially great resource for tenants to have because it protects the landlord from any financial losses should their tenant or someone else suffer a loss while at the Stockton Rental?
Thanks to carrier money the property owner doesn’t have to be involved in disputes since the tenant’s renter’s insurance policy will protect them and their financial best interests should something occur at your rental property.
Renters Insurance Is Super Affordable
Did you know that renters insurance costs less than a cup of coffee per day with most insurers?
You can get a renters insurance policy these days for about $25 to $30 per month and best of all, a renters insurance policy will also protect your tenants belongings even if they are stolen while being transported in your tenants vehicle.
Find More Stockton Renters
To get more Stockton Renters for your rental property, or to learn more about our property management services, contact RPM Central Valley today by calling us at (800) 535-7381 or CLICK HERE to connect with us online.