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No law requires you to have renters insurance. Still, some apartment complexes or individual landlords could mandate it and specify minimum amounts of personal liability coverage you must carry ...
Though renters insurance is not required by law in any state, some landlords do require that their tenants have it. There are different types of renters insurance, and what you need could, in part,...
Many landlords require their tenants to have a renters insurance policy, but some don’t. Even if your lease doesn’t mandate this type of insurance, it may still be a good idea.
Renters' insurance, often called tenants' insurance, is an insurance policy that provides some of the benefits of homeowners' insurance, but does not include coverage for the dwelling, or structure, with the exception of small alterations that a tenant makes to the structure.
May increased tenant turnover: If renters insurance is required in a competitive rental market, some tenants may choose to rent from properties that don’t enforce this requirement. This could ...
In order to rent or lease in many apartment buildings, a renter (also referred to as a “lessee") is often required to provide proof of renters insurance before signing the rental agreement. There is a special type of the homeowners insurance in the United States specifically for renters — HO-4.
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