TOPIC: Do you require renters insurance for all new move ins?

Do you require renters insurance for all new move ins? 8 months 3 days ago #46286

Do you require renters insurance for all new move ins? If so, what guidelines do you set and how do you verify if they maintain insurance?
  • Lynn Dula Phillips
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Do you require renters insurance for all new move ins? 8 months 3 days ago #46287

To verify they add the property as an interested party. If they cancel they will mail you a letter or email. In Texas we require a 100,000 liability for renters
  • Lindey Bibler
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Do you require renters insurance for all new move ins? 8 months 3 days ago #46288

Yes 100,000 personal liability insurance. We are in Indiana
  • Tonya Burton-Clark
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Do you require renters insurance for all new move ins? 8 months 3 days ago #46289

No. But we should. We had a resident start a fire in their kitchen and now owes 21k in damages to their home and the three below them
  • Conrad Ward
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Do you require renters insurance for all new move ins? 8 months 3 days ago #46290

same happened to us in 2014. Ever since then, every tenant at every property is required to obtain this
  • Anonymous
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Do you require renters insurance for all new move ins? 8 months 3 days ago #46291

Yes. $100,000 liability in FL. A 3rd party manages for us. If their policy lapses, they add a forced policy.
  • Brenda Andrews Sherrill
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Do you require renters insurance for all new move ins? 8 months 3 days ago #46292

What company?
  • Ellen Hoffman
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Do you require renters insurance for all new move ins? 8 months 3 days ago #46293

We used to use Assurant, but switched to Lease Track about a year ago. I like Lease Track better.
  • Brenda Andrews Sherrill
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Do you require renters insurance for all new move ins? 8 months 3 days ago #46294

Yes...we require 100,000 liability and our property name must be listed as additional insured, this way if they cancel we will know and then we put them on our insurance for $10 a month...covered!
  • Elaine Rizzo
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Do you require renters insurance for all new move ins? 8 months 3 days ago #46295

We require $100,000 liability and to be added as the interested party. We are now partnered with this renter's insurance company based in Ohio called ePremium. We add their address as the interested party. They also will almost immediately charge the resident $50 if they drop their insurance, and they will automatically add them on to their insurance. You can also make claims on their website if there were damages in the apartment. So far, it's been a really great system. They do all the work, and it ensures that a resident will not be without insurance.
  • Allison Boney Schweikert
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