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Which is not usually required by the lender when you apply for a home mortgage?
Renters Insurance.
Is it required to buy renters insurance in Florida?
In the state of Florida, it is not required for people renting real estate to purchase renter's insurance, but the state also does not offer any other type of protection for these renters.
Is it a state law in Minnesota that you have to have renters insurance?
No, there is no state law in Minnesota that requires tenants to have renters insurance. However, landlords may include a requirement for renters insurance in the lease agreement. It is generally a good idea for tenants to have renters insurance to protect their personal belongings and liability.
Do renters need homeowners insurance?
NO, But they can get Renters or Tenants insurance
Is renters insurance required in California?
Unlike auto insurance, there is no state law in California that requires a renter to carry insurance. However, there is a growing trend of Landlords requiring their tenants to carry renters insurance as a part of their lease agreement. Regardless of whether or not your landlord requires you to maintain insurance I would recommend looking into obtaining a renters policy for yourself. Renters insurance is usually very cheap in California. Many renters policies not only cover your personal property in your apartment, but anywhere in the world as well.
Does a landlord have to provide an insurance policy for the tenants in Tampa, Florida?
No it is not required. Tenants can however get their own renters insurance to cover themselves.
What is the best renters insurance for a college student?
There are many companies that offer renters insurance. The best place to purchase renters insurance will depend on your location and individual situation. Some of the top rated renters insurance companies are Travelers Insurance, State Farm, Liberty Mutual, and Farmers Insurance.
Can a homeowner buy only a Renters Policy?
Well, Not really, When you buy a renters insurance policy you have to declare that you are a renter. If you have a loss and the insurance company discovers you lied, They will not be required to pay for any claims due to a fraudulent statement on your application.
How much does the average renters insurance cost in PA?
In the average rates for renters insurance, auto insurance, and home insurance, Pennsylvania is usually lower! In 2007, the average rate for PA renters insurance was only $144!
What is Broad Form insurance for renters?
Multi Peril Renters Insurance policy...Coverage for your stuff.
How can I get great renters insurance?
You can get great renters insurance at the following sites...www.geico.com Get a Quote or personalinsure.about.com/od/renters/a/aa021107a.htm good luck
What about renters insurance makes it a necessity?
Renters insurance provide protection to a person and their home. As of 2013, the rates for renters insurance are lower than before, which provide many great deals.
