Do You Need Landlord/Tenant Insurance??

On this week's episode Ping and Andrew talk about the value of landlord, tenant, and property insurance.

What is renters insurance? Renters insurance is insurance for landlords. If you are a landlord and are contemplating do I need renters insurance or should I get renters insurance? The answer is simply yes. Now you may be wondering what does renters insurance cover, it helps cover instances like when a tenant stopped paying rent. You may have also heard of landlord insurance and wondered what is landlord insurance? Well, landlord insurance is just another way to say renters insurance.

As a tenant you may be curious as too what is tenant insurance and how does it work? Tenant insurance Ontario helps cover instances like and your apartment ceiling leak, basement flooding, having your house broken into and even if your apartment burned down. If tenant insurance covers all of that then how does property insurance work? Property insurance will cover you for liability.

 

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00:00 Intro
00:14 Value in landlord and tenant insurance 
01:03 Landlord insurance
02:40 Would you recommend it?
05:34 Landlord perspective
06:43 Tenant perspective
07:17 Property insurance