Lease Agreement Explain

To rent in many apartment buildings (otherwise known as a rental agreement), a tenant (tenant) often has to prove rental insurance before signing the lease. There is a special type of homeowners` insurance in the United States specifically for tenants – HO-4. This is commonly referred to as tenant insurance or rental coverage. Like condominium coverage, called the HO-6 policy, a tenant`s insurance policy covers aspects of the apartment and its contents that are not specifically covered in the written ceiling policy for the complex. This policy can also cover obligations resulting from accidents and intentional injuries for customers and passers-by up to 150` from home. Tenant policies offer “designated danger” coverage, which means the policy states exactly what you`re insured against.

Author: daniele130