Tenant CL
Protection for tenants against claims for damages during the rental.
This insurance provides tenants with essential protection against any claims for damages they may cause to the rented property or to third parties. Additionally, it may include additional coverages that protect the tenant's personal belongings.
The civil liability insurance (CL) for tenants is designed to protect renters from potential claims for damages or injuries caused during their stay in a rented property. This policy not only covers damages that third parties may suffer but also offers the possibility of including optional coverages to protect the contents of the rented home and other home-related needs.
Among the main coverages, the insurance includes:
Damage to third parties: Liability for material or personal damages caused to other persons within the rented property.
Damage to the property: Coverage for accidental damages that the tenant may cause to the rented property.
Optional additional coverages:
Damage to the structure or contents: Protection against aesthetic damage or damage to the furniture of the rented home.
Legal defense: Legal assistance in case of disputes arising from the rental contract.
Theft: Coverage for personal belongings in case of theft.
Breakages: Protection against damages to glass or furniture.
Locksmith and DIY assistance: Locksmith services and minor home repairs.
Refrigerated goods: Protection in case of loss of food due to appliance failures.
Highlights
The main risks covered by the insurance are:
Accidental damage to the landlord's property.
Liability for damages caused to third parties or neighboring properties.
Optional: Damage to the building (structure) and contents (furniture) of the rented home.
Coverages
Civil liability:
For damages to third parties.
Damage to the property:
Accidentally caused by the tenant.
Optional coverages:
Damage to furniture, breakage, theft, locksmith assistance, among others.
Frequently asked questions
Is it mandatory to have this insurance?
It is not legally required, but many landlords require tenants to have liability insurance to cover possible damages. Review your lease agreement to see the specific requirements.
Why is this insurance sometimes referred to as "tenant home insurance"?
Although the main objective is to cover civil liability, the insurance may include additional coverages such as damage to furniture or breakages, which makes it a comprehensive protection product for the tenant's home.
Does the insurance cover damages caused by pets?
Coverage for damage caused by pets depends on the specific terms of the contracted policy. Check your policy to verify if damages caused by companion animals are included.