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A Safer Home: How Landlords Can Protect their Properties as Insurance Costs Rise

American Apartment Owners Association

Loss-of-use coverage is not covered under a landlords policy normally but would be covered under the renters insurance policy purchased by a tenant. The insurance company would cover the rental payments lost by the landlord. Let renters know that in the event of any issues on-site, they should alert the landlord immediately.

Insurance 246
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A Safer Home: How Landlords Can Protect their Properties as Insurance Costs Rise

American Apartment Owners Association

Loss-of-use coverage is not covered under a landlords policy normally but would be covered under the renters insurance policy purchased by a tenant. The insurance company would cover the rental payments lost by the landlord. Let renters know that in the event of any issues on-site, they should alert the landlord immediately.

Insurance 130
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Mitigation For Common Property Losses

Rental Housing Journal

By addressing potential issues early, landlords and property managers can prevent disruptions and maintain a safe environment for tenants. To mitigate fire risks, install working and unexpired smoke detectors and fire extinguishers in all properties, educate tenants about fire safety, and consider utilizing additional suppression tools.