Should the landlord have a liability policy?

It really should not be mandatory that the landlord has a liability policy. This is because it should be an option for the tenant, if they want to pay an extra amount every month on their rent. It is their responsibility is something were to happen to the tenant’s belongings. That has nothing to do with the landlord. The tenant should be informed though, prior to moving in that they can add it on to their rent if they choose to. They should also have to sign something if they refuse to add the liability. They should also sign something if they agree to have it added. If they refuse, they need to know that the landlord is not going to be responsible for any loss or damages. If it is on paper, nothing can be held against the landlord. Many people do not feel that it is necessary. Many apartment buildings would probably lose business if they have to pay for liability as well. People set a budget as to what they want to pay every month. Landlords can stress how important it is to add on a liability policy to their rent. It can cover costs of damages.Keep looking, there-s more: The majority of landlords do not know their rights & responsibilities or applicable tenancy laws.