Improvements And Betterments Insurance


Definition of "Improvements and betterments insurance"

John Carey real estate agent
John Carey, Real Estate Agent Coldwell Banker American Homes

Tenant's modifications of leased space to fit his particular needs. Up to 10% of contents coverage inside the structure may be applied to insure against damage or destruction of improvements or betterments made by a tenant who does not carry coverage on the structure itself. For example, under the homeowners insurance policy, if the contents of an apartment are insured for $25,000, then $2500 would apply to cabinets that the tenant built into the kitchen.

 

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