Homeowner's insurance??

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I own a multifamily property and rent one of the apartments to my cousin. He owns a Rottweiler and asked me if he could keep the dog in my yard and I accepted. I am now a bit concerned because my homeowner?s insurance isn?t aware of this and it can bring me many problems. He says that he has renter?s insurance and that would cover any accidents caused by his dog. I think this is bullshit, but if anyone can help me and give me some information I would kindly appreciate it.

Chosen Answer:

OK, I?m a bit concerned that you have a multifamily property on a HOMEOWNERS policy.

Is it insured correctly?

Also, HIS renters insurance (which may or may not cover HIM, for his dog biting) WILL NOT cover you, the landlord, for that same dog biting.

Rotties are a big liabiltiy hazard. If your insurance company finds the dog there, expect to see your policy cancelled. If the dog does bite, and you do get sued, even if you DO get the claim covered, you?re going to get cancelled, and have a damn hard time finding anyone else to insure you ? because, clearly, you allow tenants to keep hazardous dogs on your property.
by: mbrcatz
on: 26th August 08

Source: http://unoccupied-propertyinsurance.com/homeowners-insurance/

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