0
Can a landlord require a Section 8 tenant to obtain renter's insurance?
Wiki User
∙ 2007-11-04 04:06:17
Yes, most of them want you to have it for liability purposes.
Wiki User
∙ 2007-11-04 04:06:17
Add your answer:
Earn +20 pts
Can a landlord require that he be named as a beneficiary on renter's insurance?
Renters insurance covers only the renters stuff. You would not be covered as you do not have an insurable interest on his stuff.
Can landlords require that tenants acquire renters insurance?
The general answer is yes. Although it may vary by state, the landlord can require in the lease that the tenant obtain renter's insurance. One exception to this is government funded housing.
Why would a landlord request that he be named as an additional insured party on your renters insurance policy?
Renters insurance and the Additional InsuredIt is common to list the property owner as an additional insured, After all you are renting his property and have accepted certain liabilities for damages to the property. The reason a landlord would require this is in the event that a loss occurs and the tenant refuses to file claim, the landlord as an additional insured can call and file the claim for you. AnswerThat is a good question. You are right to be cautious ask your insurance agent.
Do you have to have renters insurance?
Some landlords may require you to carry tenants insurance in order to rent. If they don't it is still a very good idea to have it and very inexpensive.
I have an existing lease now owner says everyone in complex has to buy renters insurance have to buy renters insurance?
If it's not in your current lease agreement then there is no way he can force you to buy it. But when your lease comes up for renewal he can insist you get it or just not renew your lease if you refuse. Most complexes now require that tenants purchase renters insurance. It protects both the tenant and their property as well as the landlord against damages to his property by a tenant. This has become common practice these days with leases both personal and commercial. Most likely someone in your complex has tried to bring a claim against the apartments for some personal property loss, or, They trashed the apartment they rented leaving a big repair bill for your landlord, so your landlord is just avoiding future problems and expenses by conforming to current industry practices and requiring that everyone get insured.
Can a landlord require that he be named as a beneficiary on renter's insurance?
Renters insurance covers only the renters stuff. You would not be covered as you do not have an insurable interest on his stuff.
Do I need to purchase rental insurance for living in furnished apartments?
This depends on your landlord. Even if your landlord doesn't require renters insurance, you should buy a policy anyway, since you're going to have stuff of your own in your apartment.
Can landlords require that tenants acquire renters insurance?
The general answer is yes. Although it may vary by state, the landlord can require in the lease that the tenant obtain renter's insurance. One exception to this is government funded housing.
Can the landlord require renter insurance?
Yes! Your landlord can require anything he wants in the lease.
Why would a landlord request that he be named as an additional insured party on your renters insurance policy?
Renters insurance and the Additional InsuredIt is common to list the property owner as an additional insured, After all you are renting his property and have accepted certain liabilities for damages to the property. The reason a landlord would require this is in the event that a loss occurs and the tenant refuses to file claim, the landlord as an additional insured can call and file the claim for you. AnswerThat is a good question. You are right to be cautious ask your insurance agent.
May landlord require you to carry tenants insurance in order to rent?
Actually, this can be a requirement from your landlord.
Is it legal for a landlord to require you to cary renters insurance and list them as an insured interest in California?
Yes, It is legal in every state. It's in your lease contract that you would have signed when you rented the place. Pretty much all landlords around the country require insurance now or you are not considered eligible to rent the place.
Is a tenant in Arkansas required to carry renters insurance or can it be placed on the lease by the landord?
Yep, It's become the industry norm to require tenants carry a renters insurance policy. This protects the property of both the landlord and the tenant as well as certain liabilities of the tenant in the event of damages or loss concerning the rented property. It's in the lease contract. Failure to provide the coverage is a breach or default of contract and he landlord can buy whatever he wants and bill it to you.
Can you get rental insurance with a trampoline on the property?
Yes, most likely because renters is more for you, the apartments contents and your persoanl liability. Your landlord however could have his fire policy cancelled or require you to remove the liability so he is not at risk.
How many property management firms require renters insurance?
Almost all of them, It has become the norm in the industry
Does section 8 require landlord to paint tenants apartment after five years?
No.
Does homeowners insurance cover renters belongings when their house was broken into and items were stolen?
If you are the owner of the house, and are renting to tenants (making you the landlord), then you only have insurance on the house (dwelling coverage - not homeowners coverage) and not the personal contents of the renters. In this case, no, your insurance will not cover their loss. It is the responsibility of the renters to purchase insurance coverage on their personal belongings. If you are the renter (tenant), then you have to buy contents coverage on your personal belongings, such as furniture, clothing, etc. The landlord is not responsible for your belongings, whether the loss is from robbery, fire, etc. In order to purchase homeowners insurance you have to own the home (but it can still be mortgaged) and you have to live in the home. Otherwise, you have to have a dwelling policy on the house if you want it insured, whether it's vacant or rented. If, however, there is still a mortgage on the house, the bank (or mortgage holder) will require you to have insurance on it. If the house is paid for, then it is at your discretion whether to have it insured or not, for the value of the house. But if you rent it out, your state may require that you carry liability insurance on it.
