Renters Insurance-Impact On Insurance Premiums

[Mario Morales]

My insurance just went up by 2K, since my tenants in my "C" class building dont have renters insurance. I got my renewal this month and I renewed my leases this past April. I am thinking next year do I raise accordingly or require them to have renters insurance and hopefully save 2k or whatever the difference may be, thoughts? 

[Charles Carillo]

@Mario Morales

Requiring renter's insurance is probably the easiest, and it is one less thing you need to charge/collect for (directly).