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General Landlording & Rental Properties

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David Zinn
  • Investor
  • Newport News, VA
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Underwriter requiring $300k in renters insurance--too much?

David Zinn
  • Investor
  • Newport News, VA
Posted Jul 22 2015, 18:29

I am rehabbing a house that should appraise in the $140-145K range after renovations. The underwriter for our homeowner's insurance is requiring renters to have a renters insurance policy for no less than $300k in liabilities. 

Does this seem steep to you? Which insurance companies do you use and what are their policies on renters insurance?

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