Insurance Term:

Tenant Relocation Expense

Tenant Relocation Expense

Tenant relocation expense insurance provides benefits when rented housing is made uninhabitable due to loss by fire. Typically, the landlord of the property carries the insurance.

What does tenant relocation expense insurance cover?

This insurance benefit will cover relocation expenses incurred by a tenant to relocate to other living quarters.

These expenses might include the cost to pack, insure, store and move household goods; search for new housing; secure utility services; clothing and furniture replacement; and living expenses while searching or waiting to move into other living space or restore existing living quarters.

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