Content Insurance Clause Samples
The Content Insurance clause requires a party, typically a tenant or property owner, to obtain insurance coverage for personal property or contents within a specified premises. This insurance generally covers items such as furniture, equipment, inventory, or other belongings against risks like theft, fire, or water damage. By mandating content insurance, the clause ensures that losses to personal property are financially protected, reducing disputes and clarifying responsibility in the event of damage or loss.
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Content Insurance. Tenant shall, at Tenant’s sole expense, maintain insurance on the property stored in and on the Leased Premises. Said insurance shall include coverage for fire, extended coverage endorsement, burglary, vandalism and malicious mischief, for the actual cash value of the stored property. Insurance on Tenant’s stored property is a material condition of this Agreement and is for the benefit of both Landlord and Tenant. Failure to carry the required insurance is a breach of this Agreement and Tenant further assumes all risk of loss to stored property that would be covered by such insurance. Tenant agrees that the carrier of such insurance shall not be subrogated to any claim of Tenant against Landlord or Landlord’s agents or employees. For Insurance quotes go to ▇▇▇.▇▇▇▇▇▇▇▇.▇▇▇ or other for storage insurance. Aprox. costs: $6 per mo. for $4000, $100 deductible, 50% coverage on Burglary, minimum 3 months ($18) in advance, per unit.
Content Insurance. Each tenant is responsible for arranging their own contents insurance and Property Solutions therefore assume no liability for loss or damage caused to the private possessions of each tenant. We can arrange contents insurance for our tenants at highly competitive rates. Please call us on ▇▇▇▇ ▇▇▇ ▇▇▇▇ for further details and to obtain a quote.
Content Insurance. Content insurance insuring Tenants trade fixtures, equipment, inventory, work in process, and other personal property located in or at the leased premises against all losses, including but not limited to, fire, windstorm, vandalism and theft. Landlord in no event shall be responsible for losses to the same.
Content Insurance. Content insurance up to value of AUD$5000.00 is included in the rent.