Six Reasons Why You Should Require Your Tenant to Have Renter’s Insurance

So you have a new tenant with an excellent credit score and good income? Great! Now, help yourself and your tenant protect each other by requiring renter’s insurance. Here are reasons why.

1. Protects personal items against theft, damage, destruction (often, even when traveling).
2. Typically covers hotel stay in case of emergency (floor, fire, etcetera).
3. Helps mitigate pet-related risks.
4. Liability coverage; provides protection if someone is injured while in the apartment.
5. It is affordable.
and lastly, because,
6. Your landlord policy likely won’t cover any of the issues listed in #1 through #4!

Your future self will certainly thank you in case you do have any apartment-related issues.