This is the fourth and final article in the series that highlights tenant insurance from a tenant’s perspective.
As an owner, you should be aware of this so that your insurance plan dovetails appropriately with the tenant’s perspective and responsibilities.
Disclaimer: These articles are intended to raise questions to review with your insurance provider or legal advisor. This article is not an insurance sales solicitation, legal advice or to be considered a comprehensive evaluation of all tenant risks.
Provided by Sterling Insurance Associates Ltd. – a consulting company
The simple answer is both, the Landlord and the Tenant.
Maintaining a property in good physical condition significantly reduces the opportunity for events to occur which lead to insurance claims. For instance:
“3(1) An occupier of premises owes a duty to take such care as in all circumstances of the care is reasonable to see that persons entering on the premises and the property brought on the premises by those persons are reasonable safe while on the premises.
3(2) The duty of care provided for in subsection (1) applies whether the danger is caused by the condition of the premises or by an activity carried on on the premises.”
Review article 1 in this series on tenant insurance
Review article 2 in this series on tenant insurance
Review article 3 in this series on tenant insurance