Negligence in Insurance

Negligence in insurance refers to a failure to take reasonable care, resulting in property damage, injury, or financial loss. In landlord insurance, negligence often means the landlord didn’t fulfill basic duties—such as maintaining safe conditions—which may lead to denied claims or lawsuits.

Related Glossary

Guarantor

A guarantor is someone who agrees to pay the rent and any other associated costs if the tenant is unable to do so.

Annual Return

Annual return measures how much money, or profit, is made on a property as a percentage of the cost of that investment.

Landlord Insurance Glossary Index

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