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While landlord insurance typically covers the structure of the building, it does not cover tenant damage to personal property, making renters insurance a complementary safeguard. Moreover, renters ...
The city's rent control law needs to do more to prevent price shocks for tenants during periods of high inflation while ensuring landlords can recoup costs. Editorial: Los Angeles can find a ...
[1] [2] [3] The FAIR Plan was established in August 1968 by a statutory amendment to the California Insurance Code (specifically, section 10091 et seq. [4] [5]), and is regulated by the office of the California Insurance Commissioner. The plans are typically more expensive and provide less coverage than commercial plans. [6]
In an effort to combat predatory price gouging, California Governor Gavin Newsome signed an executive order on January 16, 2025, prohibiting rent increases of more than 10% in Los Angeles County ...
Rent guarantee insurance is a form of underwriting through which landlords can be protected against loss of rent if the lessee defaults. Globally, most firms offer this protection through regulated insurance companies, to ensure that the provider can make good on promises of payment.
The Los Angeles City Council voted Tuesday to finalize the last of its tenant protection package.
One small landlord told Fortune his insurance and taxes went up between $600 and $700 a month for a property in Fort Lauderdale.
Under those rules, landlords can generally not charge more than 10% above what they were charging or advertising before the state of emergency, according to the California attorney general's office.
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