Renters Insurance Policy Requirements

Please note that renters insurance is required for the entirety of your lease. Specifically, “Personal Liability Coverage” is required and is typically part of a standard renters insurance policy or can be added on. The renters insurance personal liability coverage must be no less than $500,000 limit of liability with at least the following named perils: fire, smoke, explosion, water damage, backup or overflow of sewer, drain or sump. This part of the policy protects the Owner’s property if you are found legally responsible for property damage or injuries during your tenancy. The property owners must be listed as an additional interest. See you lease for additional information.