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Because when sudden, accidental things happen that damage your apartment and stuff, your landlord is responsible for fixing the structure of the apartment, whereas you (and your insurance) are responsible for covering the stuff you own.
As an owner of a multi-family apartment complex, you face more risks than a traditional homeowner, with events such as loss of income from rent and lawsuits stemming from injury more likely to affect you. Finding insurance that will protect you from all these risks seems daunting.
23 de feb. de 2024 · MADRID (Reuters) -A fire that swept through an apartment complex in the Spanish city of Valencia, killing at least 10 people, has prompted comparisons with London's 2017 Grenfell Tower inferno...
30 de jun. de 2021 · Two children are among the known death toll in last week’s partial collapse of a condominium building in Surfside, Fla., which climbed to 18 on Wednesday as more bodies were recovered from the...
Reasons for Accidental Fire Caused by Tenant. Here are situations that could be the root cause of the fire in your rental property: Cooking mishaps. Electrical malfunctioning. Improper smoking habits. Misuse of heating equipment. Negligence with open flames. Arson.
28 de mar. de 2023 · If your apartment were to become unlivable due to a covered loss or peril, your renters insurance will help pay for the increased costs of living out of home through additional living expenses (ALE) coverage. This coverage is also called loss of use.
Hace 1 día · RJ Sangosti/Getty Images. Rents for new studio apartments dropped 20.9% over the year in Q1 2024 due to a supply surge. New US apartment construction hit a near-record high, with over 90,000 units ...
