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  • News From Press Home insurance must: Loss of rent for landlord, liability cover for tenant

    Home insurance must: Loss of rent for landlord, liability cover for tenant

    Source: Business Standard May 15, 2025

     

    Home insurance policies nowadays are highly modular. In SBI General’s Flexi Home Insurance, for instance, only fire cover is mandatory. Customers can thereafter select whatever covers they need. To do this, however, landlords and tenants must be aware of the covers that are relevant to them.

    Must-have covers for landlords

    Landlords must insure their buildings. “It should be insured against perils such as fire, earthquake, storm, flood, landslide, riot, terrorism, and so on,” says Subramanyam Brahmajosyula, chief product and marketing officer, SBI General Insurance.
     
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