Should I give my tenant a copy of my building insurance policy?

[Noel Tijerino]

My tenant is asking me if I have current insurance on the building and if it covers fire, which makes me a little nervous. I'm in the building next to his, so I brought him into the office and showed him the copy I scanned into my computer that has the dates of effect, the amount, and other information. He is asking for a copy of it. I know that there are papers that are best not to share, but I don't know if it is safe to share the insurance information. While I'm at it, the tenant did provide proof of insurance when I purchased the building, but I have not asked for proof since then. Should I be asking for proof of insurance annually? 

[Joseph Firmin]

I would ask for his renter's insurance EOI annually. I would not provide our EOI to the resident unless they were requested by an organization or attorney to whom I would send it directly if it was warranted. This could be a professional tenant who is looking to see what your limits are for a potential claim.