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Fire insurance 101: What landlords & property managers need to know

Buildium

As a property manager, there are plenty of measures you can take to prevent fires at your owners propertiesregular inspection and maintenance of smoke detectors and fire extinguishers, tenant education on fire hazards, updating electrical systems and appliances, to name a few. But are landlord and renters insurance the only options out there?

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

American Apartment Owners Association

Vice President & Branch Owner at All Solutions Insurance As property insurance costs inch up with inflation and rising maintenance costs, landlords are finding comprehensive and affordable insurance coverage increasingly difficult to secure and retain. By Seeta Bhandari, Sr.

Insurance 234
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How to Keep Your Tenants Safe

American Apartment Owners Association

The signing of a rental lease agreement represents an expectation of trust between a landlord and a tenant. Just as you are placing your faith in a new tenant to pay their rent on time and respect your property, they are placing their trust in you that you will keep them safe while providing them with a habitable home.

Tenant 244
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Can a Landlord Let Themselves In? Unlocking the Legalities

American Apartment Owners Association

A landlord cannot let themselves into a tenants property without prior notice, except in emergencies. Generally, landlords must provide at least 24 hours notice before entering, respecting tenants privacy and adhering to specific state laws regarding entry reasons and times. Need Legal Help?

Landlord 246
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Should I Require Renters Insurance? A Guide for Landlords

Osprey Property Management

Requiring renters insurance can be a game-changer for both landlords and tenants, providing peace of mind and reducing potential liabilities. According to Money Geek , the average cost of renters insurance in Virginia is $127 per year. So, should you require renters insurance for your Portsmouth rental properties?

Insurance 132
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Why Your Evanston Tenants Need Renter’s Insurance

Real Property Management Chicago

As a real estate investor in Evanston , you understand the crucial role of renter’s insurance. It protects your tenants’ personal property from loss or theft and gives you peace of mind. It is a huge relief to know that you aren’t responsible for your tenant’s actions. What is landlord insurance?

Insurance 130
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Renters Insurance: Why It Matters For Landlords

Forbes Business Council

Renters insurance can positively impact landlords by reducing their liability, protecting their policy rates and improving relationships with their tenants.

Insurance 104