Tenant Dwelling Insurance
Get In TouchProtecting Property Owners in Florida
Tenant dwelling insurance in Florida is designed to protect property owners who rent their holdings to other people as a primary residence. 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 Florida law, but property owners nevertheless have certain legal responsibilities to their tenants.
Coverage for Landlord Obligations
If you’re a landlord, tenant dwelling insurance will help you satisfy your legal obligations to people renting your property if unexpected disaster or accident befalls. Your rental holdings represent a significant investment on your part and landlord insurance is a must for protecting that investment.
What Does FL Tenant Dwelling Insurance Cover?
As mentioned, coverage types and amounts can vary significantly from one landlord insurance policy to another. However, the following are coverage types commonly offered by landlord/tenant dwelling insurance policies:
Building coverage protects various buildings and structures on the Florida property itself. In addition to tenant buildings, other covered structures can include:
- Garages
- Storage Buildings
- Swimming Pools
- Fences
- Retaining walls and other structures
Tenant Dwelling Insurance Liability Coverage
Liability coverage protects you, the property owner, from liability claims arising due to bodily injury and property damage suffered by tenants in Florida.
Tenant Dwelling Insurance Equipment Breakdown Coverage
Equipment breakdown coverage reimburses the property owner for damages to insured property caused by mechanical failures of insured equipment such as broken pipes.
Tenant Dwelling Insurance 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.
Tenant Dwelling Insurance Heating or Air Conditioning Loss Coverage
This coverage provides reimbursement for payments made to a tenant if a mechanical failure causes complete failure of heating or air conditioning in a tenant’s residence.
Contact Asset Insurance for A Free Tenant Dwelling Insurance Quote
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