Do you require Renter's insurance for your tenants?

[Robert Huang]

Do you require renter's insurance for tenants? Will I be responsible if I don't have tenants get them and their personal property is damaged or stolen?

[Michael Noto]

@Robert Huang Yes, we require rental insurance. On occassion we have tenants who balk at getting it, but once we explain that our insurance only covers the building and not their contents they end up getting it. For most people it can be bundled with another type of insurance and it ends up being so cheap it is a no brainer for them.