Rental Home Insurance

[Smurf]

Hello. Does anyone have an approximate idea of how much pesos a home insurance would cost for a tenant to cover for a home at approx 150m2

 

[Neil]

I just checked my banco seguros online from $65k to $125k + per month pesos...check Mapfre,la caja etc online

 

[SlowWalker]

I used my local bank, but the rate from Santander which you can find online/app is also about the same

 

[FrankPintor]

No tenants involved, but I pay 45k Pesos per month to Allianz for a slightly bigger house.

 

[carride]

Hello. Does anyone have an approximate idea of how much pesos a home insurance would cost for a tenant to cover for a home at approx 150m2

Only in Argentina would a landlord ask a tenant to pay the insurance cost for the owners house. Years ago we had that same request in the argentina realtor provided contract. A line item stating for us to search the insurance policy and pay. It was a ridiculous request that we ignored for 4 years, including contract renewals. even though we were reminded every so often. I assumed it could not be enforced. Why would a landlord risk their property with the complications of a policy that is not in their name?

In US we landlords pay the insurance on our long term and short term rental properties, and simply have that as one of the many costs that are used to decide the lease price. Then I also remind the tenants that if they want their personal property to be insured they should get their own cheap insurance as a renter.

 

[Smurf]

Only in Argentina would a landlord ask a tenant to pay the insurance cost for the owners house. Years ago we had that same request in the argentina realtor provided contract. A line item stating for us to search the insurance policy and pay. It was a ridiculous request that we ignored for 4 years, including contract renewals. even though we were reminded every so often. I assumed it could not be enforced. Why would a landlord risk their property with the complications of a policy that is not in their name?

In US we landlords pay the insurance on our long term and short term rental properties, and simply have that as one of the many costs that are used to decide the lease price. Then I also remind the tenants that if they want their personal property to be insured they should get their own cheap insurance as a renter.

The landlord wants me to pay his insurance for his apartment

 

[Smurf]

No tenants involved, but I pay 45k Pesos per month to Allianz for a slightly bigger house.

All concerned now as same company wants to charge me almost double to ownly cover essentials of landlords apartment

 

[SlowWalker]

Where I am it seems pretty standard in contracts that landlords are not responsible for things happening. Structural etc upkeep or capital in building sure, but in the case of incidents, fire, etc. I think this is standard in most the world, where home insurance is also not mandatory because of materials of construction.

Even in other countries, tenants might still take out contents insurance as well.

 

[Smurf]

I used my local bank, but the rate from Santander which you can find online/app is also about the same

I just checked my banco seguros online from $65k to $125k + per month pesos...check Mapfre,la caja etc online

"Responsabilidad Civil por Hechos Privados" Thank you for this insurance info I checked online here and one offered insured amount for 34mil and the other 15mil for same thing...a big difference in the insured amount

 

[SlowWalker]

"Responsabilidad Civil por Hechos Privados" Thank you for this insurance info I checked online here and one offered insured amount for 34mil and the other 15mil for same thing...a big difference in the insured amount

Correct. I think on Santander there are 3 options.