Are you worried about potential damage or accidents in your rental property? Without renter's insurance, even a small issue could end up costing you thousands. Today, I'll explain why renter’s insurance is a must-have for both tenants and landlords. From safeguarding your property against unexpected damage to covering liability in case of accidents, we’ll break down everything you need to know to avoid costly surprises. Stay ahead of the game by making sure you’re covered. Learn more: https://blog.richeypm.com/is-renter-s... CHAPTERS: 00:00 - Introduction 01:00 - Tenant's possessions 02:06 - Liability coverage 04:36 - Additional living expenses 06:44 - Renter's insurance benefits for landlords 08:14 - How to require renter's insurance from tenants 09:34 - What if your tenant complains? 10:14 - Wrapping up #richeypropertymanagement #landlords #propertymanagement 🔻ABOUT US🔻 Sue and Craig Richey founded Richey Property Management in 2006 as a sideline service for their real estate clients, leveraging their experience as licensed Realtors since 1998 and their understanding of landlord challenges from owning rental properties. Their commitment to personalized service and effective management has grown the company to over 1000 properties and 21 employees. They emphasize the use of advanced technology and a hands-on approach, from property preparation to tenant qualification and ongoing management. Their goal is to provide a stress-free experience for all rental property owners. And, they are a one-stop shop - helping clients find rental properties, lease them, manage them, and maintain the property to maximize value and create generational wealth. Sue and Craig are deeply involved in community and industry organizations, reflecting their belief in giving back. Sue has served as the Chairman of the Board at the Fairfax County YMCA and has participated in various leadership roles in the community. Craig was very active with the Vienna Rotary and NARPM, bringing best practices and continuous learning to their business. Their dedication ensures that owning rental property is hassle-free for their clients, embodying their motto, "Managing to do MORE," by providing superior service and constant improvement. 🔻CONTACT INFO🔻 👉Book a Discovery Call https://meetings.hubspot.com/calvin-m... 👉Free Rental Analysis https://www.richeypm.com/northern-vir... 👉Property Management Mastery Course https://bit.ly/3xVgaVb 👉Sign Up for My Video e-Newsletter https://app.e2ma.net/app2/audience/si... Sue Richey Richey Property Management 11870 Sunrise Valley Drive #201 Reston, VA 20191 📞703-471-4800 📧[email protected] 💻www.richeypm.com 🔻FOLLOW US 🔻 [FACEBOOK] / richeypropmgt [INSTAGRAM] / richeypropertymgmt [LINKEDIN] / suerichey