Who’s Responsible For Renters Liability Insurance

It is a smart decision for any renter to take out a renters insurance policy. Most standard renters policies include personal possessions coverage, some liability coverage, and external living expenses coverage in case the residence is damaged so badly that the resident must relocate for a temporary period of time. Even though the tenant’s renters policy includes some liability coverage, it is often limited and anyone who has ever had to file an insurance claim of any kind can tell you that it is best avoided. Compare quotes quickly using our online forms located here.

So what happens if an accident happens on a rented property? Who is liable? The landlord’s master policy has liability coverage just like the renters policy. So whose insurance pays? Unless the renter is okay with filing the claim with their insurance company and risk getting their premiums raised, they will have to prove that their landlord was responsible for the accident. They can do this by proving the following in court:

• The accident was foreseeable and could’ve been prevented
• The landlord had control over the event that caused the injury
• Fixing the problem would not have been unreasonable
• The injury was caused by not fixing the problem that caused the injury
• The landlord failed to take reasonable steps in avoiding the accident
• The landlord’s negligence caused the accident that resulted in the injury

Renters Liability Insurance Important For Tenant And Landlord

No matter who is responsible, somebody is going to have to pay for an accident that causes loss or damage to an individual or to the property. That is why liability coverage is important for renters and landlords alike. So talk to an insurance agent and compare renters insurance quotes using our simple online quote forms to get covered right away.