Q. What is The Tenant Legal Liability Policy (TLL)?
A. TLL is designed to help real estate investors and landlords safeguard their properties from unexpected property damage caused by tenants. It provides an additional peace of mind and protection of their investments.
Q. What type of policy is TLL?
A. TLL is a policy underwritten by Trisura Specialty Insurance Company and provides $100,000 of additional and affordable coverage with a $0 deductible for covered losses on a per occurrence basis.
Q. How much does TLL cost annually per policy?
A. The rates for Tenant Legal Liability are based on the number of units and is available for as low as $102 per Single Family Rental per year (The rates are based on the number of units as follows: Single Family Rental is $102, Duplex is $206, Triplex is $308, and Quadplex is $412).
Q. What does the TLL policy cover?
A. TLL provides $100,000 of coverage for the named insured and covers the residence premises; including the rental dwelling and contents belonging to the landlord and furnished for the tenant. However, it does not cover the tenant’s contents or loss of rent.
Q. What are the benefits of the TLL Policy?
A. This policy offers a number of benefits for landlords and investors including:
- Provides real estate investors with $100,000 of additional and affordable coverage as low as $102 per Single Family Rental per year (The rates for Tenant Legal Liability are based on the number of units as follows: Single Family Rental is $102, Duplex is $206, Triplex is $308, and Quadplex is $412).
- No deductible for covered losses.
- Protects investment property from damage caused by tenants.
- Safeguards owners if tenants do not have renters insurance (HO-4) or have an inadequate amount of coverage; please note that TLL does not replace the underwriting requirement for a long-term tenant to have an HO-4 in place.
- Consolidated policy packets and a single bill.
Q. Are there any policy exclusions?
A. The TLL policy has an Expected or Intended Damage exclusion. Therefore, TLL coverage will not apply when there is expected or intended damage caused by the tenant.
Q. Can an existing Obie customer add TLL to their policy?
- Yes, TLL can be added as additional coverage to an existing policy prior to a renewal for that renewal term.
Q. How do you add the TLL policy to the Obie landlord policy in the quoting platform?
A. During the quoting process, the TLL policy will appear as an optional offer on the Additional Coverages screen and the $100,000 limit will be defaulted to “yes.” If the customer does not want the additional coverage, it can easily be removed with a “click of a button.”

Q: What type of policy documents will the policyholder receive?
A: The policyholder will receive a consolidated policy packet consisting of multiple documents. The packet will include a new coverage summary letter, containing the total premium amount for the DP and TLL policies and information that users are used to seeing such as policy information, property coverage information, deductibles, liability coverage, additional coverages, etc. Additionally, the packet will contain the standard Obie branded dec page and TLL Evidence of Coverage form.
Q. What happens if TLL is not added to the policy during the quoting process?
- If TLL coverage is not selected, there will be no change to the policy packet.
Q. Will the policyholder receive two separate bills?
A. No. Obie will issue a single bill.
Q. What happens to the TLL policy if the Obie branded policy is canceled mid-term? Is it canceled automatically?
A. The TLL policy will automatically be canceled effective the same day as the Obie branded policy and they will receive a prorated refund for their Obie branded policy and their TLL policy.
Q. How does the policyholder report a claim?
A. Policyholders will report TLL claims the same as they do for all claims, via their client dashboard.