Renters Insurance??? ...and How Much
When drafting my new Landlord lease I opted to go with Renters Insurance for my Tenants. My attorney said a minimum of 100K liability but my insurance agent suggested 300K liability for the Tenants, along with additional coverage on Tenants personal property.
How many of you investors have Renters Insurance in your Lease Agreement with your Tenants?...and how much do you require your Tenants to carry?