Wrongful Eviction Insurance & Vacant Property Insurance
You may be thinking, “Wrongful Eviction Insurance?… I didn’t, nor do I intend to do anything wrong.”
We live in a litigious society and the consequences for landlords often result in costly drawn-out legal battles, especially in San Francisco where tenant laws are stringent and ever changing. The risks are real, and lawsuits are time-consuming, not to mention costly.
Wrongful lawsuits brought against well-intentioned landlords by tenants deciding to stir up a hornet’s nest are on the rise. Before you even think about discussing the sale of a rental, or your tenant’s intentions moving forward, speak with a landlord attorney first, and make sure a wrongful eviction rider is attached to your homeowner’s policy.