Owning rental property creates liability exposure.
A landlord can potentially face claims arising from conditions such as:
- Unsafe stairs
- Missing handrails
- Ice or snow
- Poorly maintained walkways
- Defective balconies
- Falling objects
- Common-area conditions
- Swimming pools
- Building maintenance
- Other premises hazards
Commercial General Liability or landlord liability coverage may protect against certain covered claims involving bodily injury or property damage.
Actual coverage depends on the policy.