What is tenant interest in a contents insurance policy?
When you make changes in a rental property to the bathroom or kitchen, for example, it is called tenant's interest. Also a glued parquet floor, so no click laminate is a change that falls under the tenant interest. This also includes improvements to the home made by the previous occupant that you took over for a fee. These items are not insured by the owner. So it is advisable to arrange this yourself.
How do I insure tenant interest with contents insurance?
The improvements you make in your rental property can be co-insured with your contents insurance. Often this is co-insured up to a maximum amount. When taking out your contents insurance, make sure that this amount is sufficient for you.
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