Tenants and neighbors liability

{
  "id": "MLC-T-INS-003296",
  "term": "Tenants and neighbors liability",
  "field": "Insurance and risk management",
  "definition": "A type of liability coverage included in property insurance policies, particularly for renters or condominium owners, that protects against claims arising from damage caused to the rented premises or to neighboring properties. This coverage typically applies to damage caused by perils such as fire, smoke, or water originating from the insured's unit. It addresses the legal responsibility of a tenant for damage they inadvertently cause to property belonging to others.",
  "url": "https://mlchart.com/terminology/insurance/tenants-and-neighbors-liability/"
}