Community
Why You Need Tenant Insurance
Just because you are living in a rental property does not mean that you do not need property insurance.
While the landlord will have insurance on the property, this insurance will only cover the reconstruction of the building, it does not cover any of the personal contents inside the building that belong to the tenant. In the event of a Fire, Flood, or Burglary, it is the tenant’s insurance that will replace your personal belongings, if you do not have tenant insurance you may find yourself replacing your property with your own money.
Further, Tenants insurance may also protect you from lawsuits that arise from your occupation of the property. For example, if you rent a house you are responsible for shoveling snow and keeping the sidewalks ice free. Failing to do so could result in a slip and fall lawsuit which your insurance can help with.
Additionally, should something that you do in your home cause damage to the landlord’s property or neighbor’s accidently, the Landlord or neighbor can seek damages against the tenant. An example is if a candle burned down the house or started a fire that damaged an apartment building. The landlord can hold the tenant accountable financially for those damages. Tenants insurance can cover some or all of this liability.
If you are renting, you need to have tenant’s insurance. If you are in a roommate situation however you must be aware that your insurance will not cover your roommate’s belongings. Each roommate should have their own insurance coverage. You should contact an insurance broker; this insurance is very affordable.
Red Deer Property Rentals is Red Deer and Central Alberta’s Premier Rental Property Management Company renting up-scale single family homes, duplexes and townhomes in all of Red Deer’s newer neighborhoods.
Community
Festival of Trees tickets on sale! Update from the Red Deer Regional Health Foundation
Festival of Trees tickets are on sale now! Get ’em while they’re hot!
|
|
|
|
|
|
|
|
|
|
|
Community
First Battle of Alberta this NHL season to bring big boost to Child Advocacy Centre!
From the Central Alberta Child Advocacy Centre
The Edmonton Oilers MEGA 50/50 is BACK in support of three amazing organizations
By purchasing your Oilers MEGA 50/50 tickets today, you’re helping to support the CACAC, along with Little Warriors and Zebra Child & Youth Advocacy Centre .
Purchase before 1PM to be eligible for all 4 early bird prizes, including a $500 Esso card, 2 PCL Loge Arkells tickets for November 1, $1000 for Alberta Beef, and $10,000 CASH!
Early Bird draws!
Buy before 1:00 for $500 Esso card
Buy before 7:00 for 2 PCL Loge Arkells tickes
Buy before 7:30 for $1,000 Alberta Beef
Buy before 8:00 for $10,000 Cash!
THANK YOU EDMONTON OILERS!
-
Brownstone Institute2 days ago
The Most Devastating Report So Far
-
Business2 days ago
Carbon tax bureaucracy costs taxpayers $800 million
-
ESG2 days ago
Can’t afford Rent? Groceries for your kids? Trudeau says suck it up and pay the tax!
-
John Stossel1 day ago
Green Energy Needs Minerals, Yet America Blocks New Mines
-
Daily Caller1 day ago
Los Angeles Passes ‘Sanctuary City’ Ordinance In Wake Of Trump’s Deportation Plan
-
Alberta1 day ago
Province considering new Red Deer River reservoir east of Red Deer
-
Addictions1 day ago
BC Addictions Expert Questions Ties Between Safer Supply Advocates and For-Profit Companies
-
Aristotle Foundation1 day ago
Toronto cancels history, again: The irony and injustice of renaming Yonge-Dundas Square to Sankofa Square