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Updated over 5 years ago, 04/28/2019
How much personal property insurance for tenant?
Hi everyone,
My husband and I are currently filling out the lease for our first rental and we’re looking for guidance on how much personal property insurance our tenant should have as we need to note that requirement in the lease. Can you please share perspectives on this and/or is there an industry standard? Also related - how much liability insurance should they have?
Thanks so much,
Monica