In this 55th episode of We Are TPM, John and Kyle discuss requiring liability insuranceas a tenant. Liability insurance is an important way to protect people from being liablefor something in a society that is becoming increasingly litigious. It is insurance for aperson's liability to the landlord, but it does not cover all liabilities, such as rent. It is animportant way to reduce risk for landlords and tenants, and is a necessary part of theindustry.The conversation is about why it is important for tenants to have liability to landlordinsurance when renting a property. Property managers often require it as a minimumcoverage, and the conversation gives an example of why it is necessary for tenants tohave this insurance. One example is of a tenant who caused a fire in the kitchen, andthe insurance would cover the cost of the repairs to the landlord. However, the tenantis still responsible for the other costs associated with the incident, such as findingsomewhere else to stay and paying rent.You can listen to We Are TPM on any major podcast platform including ApplePodcasts, Google Play, Spotify, and many more.Tune in today!We Are TPMTeixeira Property ManagementMansfield, [email protected]———————————————————————————There are a vast amount of ways in today's world to build wealth using real estate andinvesting, not just in property, but in yourself!Located in the Dallas-Fort Worth area of Texas, John Teixeira and Kyle Teixeira ofTeixeira Property Management bring you all of the knowledge and experience they canprovide for the confidence to achieve your investment goals, or how and why to createthem. Now, while John and Kyle have a ton to share, they will also be bringing youinterviews with some of their clients, industry partners, experienced investors, andmuch more every week!John and Kyle look forward to sharing the knowledge you need about arguably thegreatest investment vehicle that is available to the masses — Real Estate. Knowledgeis power, and John and Kyle intend to give you as much power as possible. It's notalways about the HOW, but also the WHY, and they will be digging into it right hereevery week!

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