Landlord Insurance For Tenant Injury

​Landlords are responsible for ensuring that their tenants live in a space that is safe and free from hazards. One of their main responsibilities is keeping their rental space clean and protected to prevent the tenants from getting any kind of injury. With that, certain landlord insurance coverage is available for individuals who wish to own rental property.

This article will discuss some of the coverages of landlord insurance and if it can also cover tenant injury.

Can Landlord Insurance Cover Tenant Injury?
For people who want or already own rental property, landlord insurance is an important type of insurance that they should have. Landlord insurance can help protect their rental property investment and give personal liability coverage in certain instances where tenants, guests, or other third parties file claims.

Personal liability coverage is important for a landlord since there are a lot of common incidents that could happen inside your rental property. Below are examples of situations where landlords could be pursued as liable parties.

• Defective appliances and wirings that can cause shocks or fires
• Unstable railings, porches, or stairs could collapse and cause falls
• Mold growth
• A pest infestation that leads to diseases
• Slips or falls due to lack of maintenance
• Lack of security, which leads to tenant injuries

Landlord Insurance Policies
With that, there are three types of landlord insurance policies, which are DP1, DP2, and DP3. The first landlord insurance policy, DP1, provides coverage for the structure of the building, which includes the walls, ceilings, floors, and other structural components. It can also cover any permanent fixtures and fittings like wirings and plumbing.

The second type of insurance coverage, DP2, covers what DP1 provides but can also provide coverage for loss of rental income and legal fees due to tenant disputes. Lastly, DP3 is the most inclusive landlord insurance since it can cover the property contents and the building itself. DP3 can also give personal liability coverage from bodily injury claims of tenants or other third parties.

Get Landlord Insurance Now!
If you own any type of rental property, it is best to get landlord insurance alongside it to help you become protected from certain liabilities. There are different types of coverage to choose from, where you can select the best kind of coverage for your needs, such as tenant injury claims.

At UG Insurance Brokerage Inc., we do our best in making sure that our clients are well-protected with affordable and comprehensive policies. We make sure to go the extra mile to help you with your needs. To learn more about how we can help you, please contact our agency at (718) 848-7777 or CLICK HERE to request a free quote. Topics and coverage discussed in this article are not guaranteed, consult with your agents to determine what your policy does and does not cover. We are more than happy to help!