Uncategorized May 2, 2011

Renter’s insurance, but why?

That landlords can require that tenants have renter’s insurance? From my perspective, the primary purpose is to protect owners if a problem occurs which causes damage to the tenant’s belongings, such as a pipe break or roof leak. If the tenant thinks the owner is responsible for the repair or replacement of the tenant’s personal property, the clause requiring that the tenant have renter’s insurance may protect the owner.