Fire!

[Peter Spiro]

There was a small fire in one my units and the unit will be unlivable for at least a week. What do other landlords think about my obligation to pay for temporary housing (i.e. hotel room) for the tenant while the unit is being repaired? Thanks.

-Pete

[Jason Bott]

@Peter Spiro 

The proper insurance to respond to this claim is the tenants renters insurance.  A personal homeowners insurance provides coverage to the insured (homeowner) for temporary housing.  But a policy written for a commercial rental rarely has any coverage for this. 

I have a large client who has 1-2 fire per year, and does not ever worry about this because Red Cross always puts these tenants up in a hotel for a few nights.