Paying The Price For Uninsured Tenants

This blog discusses the issue of tenants who are uninsured or under-insured and the problems this poses for landlords when these individuals cause property damage or personal injuries. The blog suggests that demanding proof of insurance at the time of move-in or using a service that tracks and monitors tenant insurance can be solutions to reduce risk and insurance claims by keeping properties safe. The service collects and stores proof of tenant insurance during the period of lease or ownership for a property and provides landlords and management with a real-time overview of insurance status including purchases, cancellations and expirations.