countertopRenters insurance isn’t just to cover the Tenant’s personal property….and this picture proves it.

This is the result of a heavy crystal serving platter falling off the top of the refrigerator onto a SOLID SURFACE COUNTERTOP.

The platter impacted the countertop with enough force to literally shatter the countertop and also cut the laminate flooring.  The landlord is looking at a mandatory replacement of the ENTIRE countertop as well as new flooring, too.  Likely an $8,000 repair.

Fortunately, we have always required in our lease agreement that Tenants have renters insurance.  But this next point is critical….We also require the Tenants name the Landlord as an Additional Insured and our property management company as a Certificate Holder.  Doing so keeps us informed to any policy changes or lapses in coverage.

We are now working with the Tenant’s insurance adjuster on getting it replaced and a huge expense has been avoided by both the Tenant and the Landlord.

After all, how many Tenants have $8,000 sitting in their checking accounts for something like this?

Or Landlords?


Dan Baldini
 is the Founder of Polaris Real Estate Polaris Property Management, LLC and is also an Adjunct Professor in the College of Business Finance Department at Butler University in Indianapolis where he teaches Real Estate Investing.

Dan focuses his practice on the residential real estate markets including Indianapolis, Carmel, Zionsville, Fishers and other surrounding areas. Dan continually seeks out new resources for Team training and education in order to keep all the Team members skills on the leading edge of real estate best practices. He is an active real estate investor himself, owning and managing a portfolio of investment properties in the Indianapolis markets.

A resident of the Northside area since 1979, Dan has extensive intimate knowledge and experience of the market forces that dominate the Zionsville, Carmel, Fishers, and Indianapolis real estate markets. He has been active in real estate since 1996 with a specific focus on North side properties. Dan is an active networker in his local communities as well as with top agents nationwide.