Premises liability or personal liability or both (for rental) ?

[Sean Hou]

Hey BP friends,

If you have a rental property that is being managed by a property manager, do you need premises liability coverage or personal liability coverage or both?

Based on my research, premises liability claims are about unsafe conditions on the property (focus is on location) while personal liability is about someone’s own actions (focus is on the at-fault party). Imagine a visitor is injured due to negligence of the owner (i.e. landlord's failure to fix unstable stairways), then both of these coverage would be useful, right?   But if the visitor’s injury is due to the tenant’s fault (i.e. tenant's failure to clear the slippery floor), then premises liability coverage would help but not personal liability, right?   So premises liability coverage is a winner for landlord insurance?

Thanks!