Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Insurance
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 5 months ago,

User Stats

1,270
Posts
841
Votes
Alan Asriants
Agent
  • Real Estate Agent
  • Philadelphia, PA
841
Votes |
1,270
Posts

Additional Insurance for Garage Storage Rental?

Alan Asriants
Agent
  • Real Estate Agent
  • Philadelphia, PA
Posted

Hey BP!

I had a client recently ask me about this and it seemed to be a pretty good question . I have a duplex where I rent out the garage and in my lease I state:

“Tenant understands that Landlord does

not provide any security alarm system or other security for the Premises. Tenant’s vehicle

or other possessions will occupy the parking space entirely at the risk of the Tenant.

Tenant releases Landlord from any loss, damage, claim or injury resulting from any

casualty.”

Should the tenant or I have additional insurance for a Garage Storage unit?

Thank you!

business profile image
Alan Asriants - New Century Real Estate
5.0 stars
59 Reviews

Loading replies...