RENTERS INSURANCE – WHAT A LANDLORD SHOULD DO
We strongly suggest all landlords, regardless if you own just one rental property or hundreds, to require ALL your tenant to purchase RENTERS INSURANCE. It is mainly for their (the tenant’s protection as renter’s insurance covers the tenant for any damage to loss to the contents of their rental property. Typically, the landlord is not responsible for the contents of the tenant’s content in their unit.
Here is the FORM RentLaw.com we give to tenant’s advising them to get Renters Insurance.
Our preferred insurance is Allstate Renters Insurance – Tenant’s may get protection for as Low as $4!