In today’s challenging real estate environment, apartment owners and home owners and their brokers and realtors are all looking for ways to get prospective tenants to rent from them while they attempt to keep their rental rates from falling excessively. One way to incentivize prospective tenants to rent from you without giving away the store is to offer to pay the cost of your prospective tenants renters insurance. A typical $100,000 “liability only” renters insurance policy for a Southern California apartment can range from $140-$280 per year, with a similar home renters policy costing slightly more. The added benefit of this incentive is that it actually helps protect the property owner and their asset. I offer renters insurance policies through my agency, and can assist property owners and their brokers and realtors with such a marketing program. To contact me, go to www.farmersagent.com/hboroumand and ask for Hamid.
