[RPPTL LandTen] Renters insurance issue

[Harry Heist]

Here is a doozy.

 

Apartment community wants tenant to purchase renter's insurance (not just
the cheapo contents insurance) This is the insurance that covers what a
tenant may do to the premises. (usually fire/flood) I am seeing this
particular form pop up all over.

 

1.      They require it and it is the type that covers liability for damage
to landlord's property (fire, flood)

2.      If the tenant does not get it or it lapses, they then charge the
tenant $11 per month and they buy it from whoever they want and it insures
the LANDLORD, not the tenant.

 

This is way out of my league.  This is a landlord forcing a tenant to pay
for insurance that does not even cover the tenant. 

 

See attached.

 

Anyone really know their stuff on this?  I think I need to refer this out.

 

Having a policy where another person/company is an additional insured is one
thing and is totally common  but charging a person to buy insurance for
another person/company when it does not even cover the person who is paying
for it???

 

Harry

 

LAW OFFICES OF 
HEIST, WEISSE & WOLK P.A.
PH: 1 800 253 8428
FAX: 1 800 367 9038
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Website:   <http://www.evict.com/> www.evict.com 
Email:  <mailto:harry at evict.com> harry at evict.com



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