Is it common for landlords to be interested parties on tenants’ renter’s insurance?

Comments

2 responses to “Is it common for landlords to be interested parties on tenants’ renter’s insurance?”

1. 

   December 16, 2014

   Jim Winkler

   That’s a great question! Lol, the smarter ones will want to know! They are also protected when you have insurance,and left with increased risk when you don’t.Put yourself in the landlords shoes – if a tenant is willing to try to get coverage only long enough to get the apartment and then drop it, are they really a tenant that the landlord wants? Probably not. A landlord that wants to know is conscious of everyone’s safety, and that’s ultimately a good thing. Thank you for asking!
2. 

   December 10, 2014

   David Pipes

   As astute landlord will require that a tenant provide liability insurance and name the landlord as an additional insured. The liability insurance is normally contained in a renter’s policy. This makes it easy to handle a claim. Without this clause the claimant could sue both the tenant and the landlord.