To those who are engaged in rental business, a way to protect you against abusive tenants is to obtain Landlord Insurance from Allianz to ensure that your properties are guarded and protected. It is a common scenario that there are only few tenants that you can trust these days when it comes to trusting their accountability and stewardship of your property without destroying it or damaging it. Of course, you have to maintain the insurance to ensure that future tenants would have a contract with you and your business will continue.

Landlord Insurance from Allianz is a prerequisite before you continue to accept tenants or if you have plans of pursuing this kind of business. It will safeguard your house and assets just in case tenants have their reasons for discontinuing their rent, such as going to a different location for several reasons. This will assist you to make claims in case there are major repairs that must be done inside the home, which is usually recognized after the departure of the tenant. There is also a pre-assessment to the condition of the area, prior to setting agreement terms between you and the tenants. To all property owners, it will give you peace of mind, which is part of the rules and regulations being implemented for all property owners.

Tenants could not run away from their legal liabilities if during the period of their occupancy, they intentionally leave damages to your property, especially if you have other furniture or other valuable items at home. It does not only protect the property owner but also the tenants to avoid arguments and disagreements in the future. This can be provided and supported if you have secured Landlord Insurance from Allianz where their team would investigate the matter and would validate that the property is in good condition prior to tenants moving in.

You could read the full details of the coverage on their policy document to give you the full grasp and orientation about the insurance to better assist you later on. The 30% claim is a big relief, which is a big bonus on your part, should you decide to settle on their insurance policy and letting your tenants be held accountable and liable to all the obligations that should be settled either with your own agreements or according to rulings of the law. You could also add other coverage for less than a month contract to your tenants.


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