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Tenant default insurance for landlords: Safeguarding your rental income

MRI Software

were behind on their rent payments in 2021? Without a plan in place, landlords can quickly find themselves scrambling to fill financial gaps. Tenant default insurance is a financial safety net for landlords when tenants fail to pay rent. Legal cost coverage: Some policies include attorney fees and court expenses.

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What Is An Umbrella Policy & Why Is The Cost Skyrocketing?

Rental Housing Journal

There has been a 45% increase in $1,000,000 umbrella insurance claims opened in 2032 compared to 2021, according to insurance provider USAA. We live in a very litigious world; attorneys are more aggressive than they have ever been, and did you know there are organizations that fund lawsuits? DO YOU NEED AN UMBRELLA POLICY?

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Landlord Ordered to Pay $80,000 Over Threat to Call ICE On Tenants

Rental Housing Journal

An Illinois court has ordered a landlord to pay more than $80,000 for threatening to call immigration authorities (ICE) on a tenant couple who rented an apartment from him in 2020, according to reports. MALDEF filed the suit because the familys landlord threatened to call U.S. We are all equals and deserve respect.