Posts Tagged ‘good landlords’

Landlords Make Sure Your Tenants Realize The Importance (and low cost) of Tenant Insurance

Sunday, August 4th, 2013

August 4, 2013

 Tenant Insurance

Be a Pro-Active Landlord And Protect Your Tenants and Your Properties

With summer half over and many tenancies beginning in September it’s a great time for B.C. Landlords to remind their new tenants and current tenants the importance of getting Tenant Insurance and check on the fire safety of your rental properties.

Let’s go back to April when there was a horrible fire at a Langley, B.C. housing complex that led to tragedy.

Twelve people were taken to hospital and three were in critical condition.Sadly, one person died. 

More than one hundred seniors faced loss and an uncertain future that still is ongoing.

The housing complex was at 203 Street and 54 Avenue. The fire broke out in the 2nd floor.

Tenant Margaret Mitcham was one of the ‘lucky’ ones.

When the fire broke out she saw the smoke and managed to grab her purse and escape without any injuries.

Investigators still don’t know how the fire started, but fire officials have confirmed there was no sprinkler system in the 30-year-old building, which was constructed before sprinklers were a safety requirement.

The president of the B.C. Seniors Living Association is Dave Sinclair.  Mr. Sinclair stated he thinks the government should upgrade the buildings with sprinkler systems.

Tenant / Content Insurance

Margaret Mitcham also has tenant insurance. This means she will be compensated for anything damaged not only by the fire but by the water used to battle it.

She says it is pure luck she has content insurance.

Mitcham says many of those who lived in the building don’t have insurance.

“It’s low rental here, you know, and some of them don’t have content insurance.”

Insurance Bureau of Canada spokesman Serge Corbeil says many renters routinely ignore advice to get rental insurance because they falsely believe they don’t have anything worth insuring.

“Sadly, it’s when you lose everything you realize how much you had. That type of insurance will allow you replace that,” said Corbeil.

He said policies run for as low as $20 a month. The policy will cover living expenses if your home is destroyed by a fire.

“It will also help you pay for those additional living expenses, so if you can’t live in the building you occupy before for awhile, your insurance will help you cover the cost of putting you in a hotel for some time.”

He estimates up to half of all renters don’t carry fire insurance.

B.C. Landlords Make Sure Your Tenants Are Aware of the Importance of Tenant Insurance

Landlord Lends A Helping Hand to Tenants In a Bind

Friday, August 3rd, 2012

August 3rd, 2012


We Need More Media Coverage on All the Great Landlords Out There!

Media Coverage Showing Landlords In a Good Light?


You’ve Got to Be Kidding Me

The published story isn’t in British Columbia and was covered by the Alberta media.

What Happened?

A couple from Ontario decided to pack up and move to Calgary for a better quality of life and more opportunity.  Unfortunately the moving company screwed up and sent all their personal belongings to British Columbia.  It’s now going on weeks that the couple haven’t had their things.

For Weeks? How Are they Getting By?

Moving is already expensive enough. And the moving company says it will take more time before their belongings can be delivered.  The couple are purchasing the most important things they need such as cutlery from the local dollar store.  One of the biggest problems they face is there mattresses are still in B.C.

Mattresses are Expensive

Fortunately the couples’ landlord is helping the couple. The landlord has even lent the couple mattresses!

Great Landlords!

Yes. This is just one example of what landlords all over Canada do regularly. Tenants are our customers and while we need to make sure they follow the rules and laws, helping tenants and often ‘giving them a break’ on things like paying rent late or adding special features to our rental properties is a regular part of our industry.

Except the Media Ignores It

All we usually see are scathing articles on houses in disrepair, the need for rent control, and eye-catching headlines such as “Landlords Fined!

We ask the media to recognize there are thousands of great landlords out there. Let’s get their stories out to the public.

To read more about this story, visit the Alberta Landlords Association.