Should you be encouraging your tenants to take out Renter's Insurance?
Many renters are under the impression that their contents aren’t worth insuring. Just because renters may move more frequently or aren’t investing in high-end furniture doesn’t mean their possessions aren’t highly valuable.
It’s worth asking your tenants – what would happen if there was a fire and all their possessions were destroyed? What if a burglary took place and all their electronics required replacing? Or if they accidentally damaged fixtures or fittings in the property, and needed to pay for the cost of replacing them? Suddenly, insurance becomes much more of a necessity.
Property Managers and Tenants can apply for insurance online
As a property manager or real estate agent, you are in an ideal position to provide appropriate advice to your tenants and your landlords. That’s why we provide the flexibility of allowing tenants or property managers to complete our application form for minimal hassle and maximum impact.
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