How Renters Insurance Helps Landlords and Tenants | Highland Beach Rental Properties
Rentals are a rarity in Highland Beach, where many move to enjoy the soothing sand and lapping waves as part of their ultimate destination. However, for those who are seasonal residents, or those looking to create an income property from their Highland Beach condo, renters insurance is practically a must. In today's Highland Beach Real Estate blog, we review some of the most compelling and simple reasons that renters insurance benefits both renter and landlord and why you should demand it as part of your income-producing property, especially in a place as upscale and costly as Highland Beach, Florida.
Protects The Tenant's Personal Property
The first and most important consideration is the protection of personal property for your tenant. This not only creates peace of mind but also easily sorts through any property damage situation as it stands without confusion. Even a younger, less wealthy tenant will likely have thousands of dollars of personal property in your rental at any time. This could include but is not limited to:...