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Updated about 7 years ago on . Most recent reply

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273
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Jenifer Kynor
  • Fort Collins, CO
91
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273
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Should I require renter's insurance?

Jenifer Kynor
  • Fort Collins, CO
Posted

I am curious to know whether or not a landlord should require renters insurance for for their properties? What's your argument for why you do or don't? I am curious to see how many landlords require renter's insurance versus how many that don't really have preference. 

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Chinmay J.
  • Investor
  • Northern, VA
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1,217
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Chinmay J.
  • Investor
  • Northern, VA
Replied
Originally posted by @Jenifer Kynor:

I am curious to know whether or not a landlord should require renters insurance for for their properties? What's your argument for why you do or don't? I am curious to see how many landlords require renter's insurance versus how many that don't really have preference. 

The rental agreement (lease) that we use in Virginia requires the tenants to have it. I always, always, always stress them to get it. 99% of them don't. I buy it  for them and it comes out of their deposit.

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