Updated almost 11 years ago on . Most recent reply
Fire!
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
Most Popular Reply
#2 Insurance Contributor
- Insurance Agent
- Nationwide
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.