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Updated over 5 years ago on . Most recent reply

User Stats

397
Posts
90
Votes
Jane A.
  • Investor
  • Shawnee Mission, KS
90
Votes |
397
Posts

Damage Loss Waiver ?

Jane A.
  • Investor
  • Shawnee Mission, KS
Posted

My Property management company collects from every tenant $15 monthly for Damage Loss Waiver. It is in addition to renter insurance. Does it make any sense for me as a landlord?  I tried to find on the internet but do not see any reason to have it, unless I own a big apartment complex and my insurance has a high deductible.  Does somebody have any experience with this?

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