However, you need renters insurance to protect yourself from accidents or damage that
occurs in your rental unit.
So, for example, if you have a computer that was damaged in a fire in your apartment, and that computer was three or four years old, the renters policy will only reimburse you for the value that the computer held at the time that the fire
occurred in your rental unit.
Not exact matches
Building
rental units in sought - after urban communities would also help reduce environmental damage caused by longer commutes and deter or prevent a possible flight - of - talent that may
occur in the near future if more and more middle - class urbanites are unable to afford to live
in the city they work
in.
Liability coverage helps protect renters should an accident or injury
occur to someone else while they are
in the
rental unit.
A lot of people who live
in rental properties simply assume that any damage that might
occur to their
unit will be covered under the insurance of their landlord or property management agency.
An owner is responsible for keeping a
rental unit maintained and,
in turn, tenants are responsible for notifying the owner, landlord or superintendent of any issues or damages as soon as they
occur.
But, even if it is not required by your California landlord, it is an excellent way to make sure that your family and your belongings are protected
in the event that an unexpected disaster or accident does
occur to your Wilshire
rental unit.
One of Boorstein's most notable transactions
occurred in October when he served as broker for LifeStorage, a group of seven Chicago - area stores with 500,000 sq. ft. and 3,853
rental units.
Gross rents have increased $ 15 per
unit (2.36 %) over the last year with the largest gross
rental gain
occurring in the Tucson Mountain Foothills ($ 44 per
unit).