1: We recommend to tenants that they get renters insurance ( RENTERS INSURANCE INFORMATION FOR TENANTS) but unless requested by the property owner, we do not require it. 2: If you require it, we will require the new tenants to follow the conditions stated in Rentersinsurance.sdcpm.com . 3: Our attorney advised against requiring the tenants to choose one insurance company or broker as you as landlord could find yourself in violation of insurance laws of insurance laws. If a tenant has no insurance we obtain for them a bid from State Farm, but they can choose any insurance company/broker they prefer. 4: In 2014 40% of US renters had renters insurance, up from 29 % in 2011: SOURCE : |
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