What method do you use to verify that your tenant carries renters insurance?

What method do you use to verify that your tenant carries renters insurance?

Rene HosmanPro Member
Rental Property Investor · Denver, CO · Member since 2024 · 583 posts · 655 votes

What method do you use to verify that your tenant carries renters insurance?

38 votes total

Manual Verification
PM Software
I'm "additional interest" on policy
Direct Report from Ins
I don't require it
I don't verify
BiggerPockets
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  • Property Manager · Indianapolis, IN · Member since 2016 · 16 posts · 16 votes
    1y

    Our lease agreement has language in it that mandates the tenant includes the Landlord as an Additional Insured and our management company as an Additional Interest on their policy.  We get copy of the policy prior to issuance of keys.  No correct policy with those AI's listed on the policy=No keys dispersed=No Moving into the Home.  This also alerts us to any cancellation of the policy.

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