IF A TENANT IS HURT ON THE RENTAL PROPERTY, OFTEN NOT ONLY WILL THE OWNER BE SUED BUT THE PROPERTY MANAGER AND THE PROPERTY MANAGEMENT COMPANY MAY BE SUED.

1.  You MUST be sure your E & O policy covers things like personal injury to the Tenants.

2.   You MUST understand what you are or are not covered for.

3.   You MUST strive to have you and your company named as the “ADDITIONAL INSURED” to the Landlord’s homeowner’s policy.

4.  Many Landlord’s policies will refuse to name you as “ADDITIONAL INSURED”.  

5.  At the BARE MINIMUM, you will have you and your company named “ADDITIONAL INTEREST”.

6.  “ADDITIONAL INTEREST” means that in the event the Landlord’s policy is cancelled for whatever reason, you will be notified.

7.  If you and your company are named as “ADDITIONAL INSURED”, in the event the Tenant sues you or your company, you most likely will be insured and defended by the Landlord’s insurance company.

8.  If you are NOT named as “ADDITIONAL INSURED” AND your E & O policy does NOT cover you, you WILL be forced to hire an attorney to defend you and this will be EXPENSIVE.

DO NOT DELAY. MAKE SURE YOU ARE PROTECTED FROM A PERSONAL INJURY CLAIM BY A TENANT.

IF DOES NOT MATTER IF YOU WIN OR LOSE. IT DOES NOT MATTER IF IT IS FRAUD OR ABSURD.  WHEN YOU ARE SUED, YOU MUST DEFEND THE LAWSUIT OR YOU WILL LOSE THE LAWSUIT.

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