Tenant dwelling insurance is designed to protect property owners who rent their holdings to other people as primary residences. Landlords face unique and significant liabilities and risks in making their properties available to tenants.
Tenant dwelling insurance, which is also called “landlord insurance,” isn’t required by Utah law, but property owners nevertheless have certain legal responsibilities to their tenants.
Landlord Obligations? Covered With Heiner’s Tenant Dwelling Insurance
Tenant dwelling insurance is designed to protect property owners who rent their holdings to other people as primary residences. Landlords face unique and significant liabilities and risks in making their properties available to tenants. Tenant dwelling insurance, which is also called “landlord insurance,” isn’t required by Utah law, but property owners nevertheless have certain legal responsibilities to their tenants.
Tenant Dwelling Insurance Tailored To Your Needs
Tenant dwelling insurance is designed to protect property owners who rent their holdings to other people as primary residences. Landlords face unique and significant liabilities and risks in making their properties available to tenants. Tenant dwelling insurance, which is also called “landlord insurance,” isn’t required by Utah law, but property owners nevertheless have certain legal responsibilities to their tenants.
What Does Tenant Dwelling Insurance Cover?
TAs previously stated, landlord coverage’s and their amounts can fluctuate from one policy to the next. That said, a number of coverage’s are commonly included in tenant dwelling insurance:
Building Coverage
Building coverage protects various buildings and structures on the property itself. In addition to tenant buildings, other covered structures can include:
Garages
Storage buildings
Swimming pools
Fences
Retaining walls, and other structures
In addition, building coverage also protects any of the landlord’s personal property he/she may use to maintain and/or service the property.
Equipment Breakdown Coverage
Equipment breakdown coverage reimburses the property owner for damages to insured property caused by mechanical failures of insured equipment.
Heating Or Air Conditioning Loss Coverage
Heating or air conditioning loss coverage reimburses the landlord for payments made to a tenant if a mechanical failure causes complete loss of heating or air conditioning in a tenant residence.
Liability Coverage
Liability coverage protects you, the property owner, from liability claims arising due to bodily injury and property damage suffered by tenants.
Loss Of Income Coverage
It’s quite possible that, in an emergency, you could be obliged to temporarily suspend operations of your rental property. If that happens, loss of income coverage reimburses the property owner for lost income during said closure.
Tenant Move Back Coverage
If an insured event forces you, the landlord, to temporarily relocate tenants to alternate lodgings, tenant move back coverage helps defray the cost of moving them back home after the property is again deemed livable.
For A Free Quote On Tenant Dwelling Insurance, Contact Heiner’s Insurance Center
Got questions about tenant dwelling insurance? At Heiner’s, we’ve got the answers you need to make informed decisions about insurance coverage! If you’re ready to see how much you could save on tenant dwelling insurance, call Heiner’s Insurance Agency today at 801-621-2620! For a free online home insurance quote, fill out the quote form on this page!