Crisp morning air, fall leaves changing and the feeling of magic and mischief are all around. October is here. Depending on where you are in the world, Halloween or Samhain is celebrated by many. The light of the pumpkins glowing on the windowsills takes over as the daylight starts to fade faster and darkness falls. Which got me thinking spooky thoughts and wanted to make sure your property does not fall victim to any scary mishaps.
Did you know that Yardi offers renters insurance to cover both you as the property owner and your residents? ResidentShield renters insurance safeguards owner assets and provides reliable coverage to renters with two policies: Yardi’s ResidentShield renters insurance and ResidentShield Master Policy Program. No one is denied coverage.
Here are a few reasons why you should consider getting insurance this month, so you won’t be left spooked when witchy residents decide to light that black flame candle:
- Candles are a favorite for the spooky season. The warm candlelight glow can make the mood but not everyone will have nonflammable holders and something that will not cause the wax to melt all over the place. Having a renter’s insurance plan in place, your assets will be covered by any fires that might accidentally occur due to candles being left unattended.
- Another spooktacular favorite of the season is making a special potion in cauldrons. Most cauldrons are iron and fire safety but that does not mean those bubbles that spill over, won’t ruin your floors or burn your countertops. Keeping the deposit when the resident moves out might not fully cover those chemical burns. Since everything is much more expensive these days due to inflation, insurance will cover those damages for you.
- Placing a carved jack-o-lantern at the front entrance is thought to ward off evil spirits from entering homes. Pumpkin carving contests can help boost morel around the complex, but accidents can happen when sharp knives are involved. Having a personal liability insurance, any injury to guests will be covered.
- Lastly, scary decorations and trick-or-treaters can make for some stumbles and trips along the way. Children in costumes that they are not used to walking in and having to walk over fake spider webs and tombstones can cause some unwanted falls. Being covered can offer both tenants and guests the comfort to celebrate cheerfully and worry-free.
We hope this has given you something to consider not only for the spooky season but year-round. As mentioned before, ResidentShield offers two policies. Use the ResidentShield Master Policy Program for a property-placed option to protect against liability claims resulting from resident-caused damage such as from those cauldrons that bubble over. This option provides residents an easy, affordable way to fulfill an insurance requirement with the property manager listed as primary insured and the resident as additional insured.
For renters, our ResidentShield renters insurance policies provide comprehensive resident liability and personal contents coverage at full replacement cost with a quick and easy claims service for residents and their roommates so they are covered from any fires that might quickly erupt during that Halloween séance.
Be sure to ask your Yardi sales representative how you can add a ResidentShield renters insurance to your property today!
