Owning property and being a landlord can be very exciting. It can mean being your own boss and managing your own time. It also comes with risks associated with property maintenance, managing tenants and their safety. These are responsibilities that can expose any building or property owner to lawsuits.
Landlord or building owner liability coverage is designed to help protect you in the event you’re found liable for any type of injury on your property or if you’re required to pay for damage to someone else’s property.
Tenant or tenant guest’s injuries, failure to maintain your property, failure to warn tenants of potential safety risks, failure to provide proper security for your tenants, invasion of privacy and wrongful eviction are all common examples that could lead to potential lawsuits. At Valparaiso First Insurance, we have the answers to your coverage questions whether it be for individual dwellings, apartment buildings or commercial/retail complexes.