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Updated over 7 years ago, 08/01/2017

User Stats

28
Posts
5
Votes
Elad Messing
  • Los Altos, CA
5
Votes |
28
Posts

Insurance which covers landlords from tenant's lawsuits

Elad Messing
  • Los Altos, CA
Posted

Hi all,

Are you familiar with an insurance product which covers landlords against legal threats and lawsuits from tenants, which are _not_ related to injuries and liability?

I recently received a demand letter from a former tenant's lawyer, making claims and requesting payments for rental months during which the tenant wasnt happy.

I then learned that my lender's DP-1 policy doesnt cover such cases and wouldnt cover costs related to it (i.e. legal fees).

It seems, many DP policies cover injuries and property damage, but not matters related to the rental agreement. Umbrella policies (which we have) feed from the primary insurance (the DP) - so wouldnt cover as well.

I wonder if any of you know if there exists an insurance product which cover such cases.

Thanks

Elad

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