What is tenant's interest in a home contents insurance policy?
When you make changes in a rental property, for example to the bathroom or kitchen, this is called a tenant's interest. Also a glued parquet floor, so no click laminate, is a change that falls under tenant's interest. This also includes improvements to the home made by the previous occupant, which you have taken over in return for payment. These items are not insured by the owner. It is therefore advisable to arrange this yourself.
How do I insure tenant's interest in a home contents insurance policy?
You can include the improvements you make to your rented property in your household contents insurance. This is often insured up to a maximum amount. Make sure when you take out your home contents insurance that this amount is sufficient for you.
Financially certainly.
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