In this 55th episode of We Are TPM, John and Kyle discuss requiring liability insurance

as a tenant. Liability insurance is an important way to protect people from being liable

for something in a society that is becoming increasingly litigious. It is insurance for a

person's liability to the landlord, but it does not cover all liabilities, such as rent. It is an

important way to reduce risk for landlords and tenants, and is a necessary part of the

industry.

The conversation is about why it is important for tenants to have liability to landlord

insurance when renting a property. Property managers often require it as a minimum

coverage, and the conversation gives an example of why it is necessary for tenants to

have this insurance. One example is of a tenant who caused a fire in the kitchen, and

the insurance would cover the cost of the repairs to the landlord. However, the tenant

is still responsible for the other costs associated with the incident, such as finding

somewhere else to stay and paying rent.

You can listen to We Are TPM on any major podcast platform including Apple

Podcasts, Google Play, Spotify, and many more.

Tune in today!

We Are TPM

Teixeira Property Management

Mansfield, Texas

www.WeAreTPM.com

ShowMeTheMoney@WeAreTPM.com

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There are a vast amount of ways in today's world to build wealth using real estate and

investing, not just in property, but in yourself!

Located in the Dallas-Fort Worth area of Texas, John Teixeira and Kyle Teixeira of

Teixeira Property Management bring you all of the knowledge and experience they can

provide for the confidence to achieve your investment goals, or how and why to create

them. Now, while John and Kyle have a ton to share, they will also be bringing you

interviews with some of their clients, industry partners, experienced investors, and

much more every week!

John and Kyle look forward to sharing the knowledge you need about arguably the

greatest investment vehicle that is available to the masses — Real Estate. Knowledge

is power, and John and Kyle intend to give you as much power as possible. It's not

always about the HOW, but also the WHY, and they will be digging into it right here

every week!