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Updated about 5 years ago on . Most recent reply

Derek Meyer's profile image
Derek Meyer's profile image
Derek Meyer
  • Rental Property Investor
  • from Largo, FL
  • Member since Mar 1, 2021

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Derek Meyer's profile image
Derek Meyer's profile image
Derek Meyer
  • Rental Property Investor
  • from Largo, FL
  • Member since Mar 1, 2021
Derek Meyer
  • Rental Property Investor
  • Largo, FL
38
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48
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Multi-Family and Apartment Investing

Requiring Renters Insurance

Derek Meyer
  • Rental Property Investor
  • Largo, FL
Posted

Do you require that your tenants obtain renters insurance? Why or why not?

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Dave Poeppelmeier's profile image
Dave Poeppelmeier's profile image
Dave Poeppelmeier
  • Realtor
  • from Maumee, OH
  • Member since Jan 20, 2015

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Dave Poeppelmeier's profile image
Dave Poeppelmeier's profile image
Dave Poeppelmeier
  • Realtor
  • from Maumee, OH
  • Member since Jan 20, 2015
Dave Poeppelmeier
  • Realtor
  • Maumee, OH
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Dave Poeppelmeier
  • Realtor
  • Maumee, OH
Replied

Absolutely. It's cheap, and it protects the Resident's personal contents. Your hazard insurance as a investor will not cover their contents. If they balk at getting insurance at $10-15/mo or whatever it is, you probably don't want them in your property anyway. 

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Keller Williams Citywide | Dave Poeppelmeier
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