Hi, I just wonder if you normally require your tenant to buy tenant insurance? Thanks.

If you can compel your tenants to purchase it by all means do so. That way, if the tenant sets the place on fire (like one of mine did), your insurance company can go after their insurance company.

It should be specified in your lease. Have your lawyer verify the wording. Explain it and have them initial it. When you go to court take the lease and show the judge that the tenant was aware that they were encouraged to have Renters Insurance.

I require it in the lease and ask for proof of insurance upon moving in.

I make it a MUST as part of my lease. I give them 30 days after move in and they have to have the Insurance Company fax me a copy of the policy. When they renew the lease, I ask for another copy to make sure it is current. So far, I have not had anyone complain. I am diligent in explaining the benefits to them when they are signing the lease.

I looked into this lasy year, mainly because of the dogbite liability issue. I decided it wasn't worth the bother. If you invest in a low vacancy market and you can compel them to do it, I say go ahead, but here in Orlando it's hard enough to get someone to pay the security deposit, let alone something extra. I ended up putting some language in the lease urging them to purchase renter's insurance.

AW, I require it. It's part of my lease. I don't want something happening to their stuff and them trying to get that money out of me. We had a water leak due to horrible horrible weather..my own residence had a ceiling leak too. The tenant wanted us to cover some blinds she bought that got ruined. I told her that she needed to put a claim into her insurance company. That ended that discussion.

When I rented in Queens from a large apartment company they had a page dedicated to this. It basically just started that the tenant agrees that he or she has been advised to purchase his or her own renter's insurance and understands that his or her belongings are not covered by the landlord's policy. I had to sign and date it.

Here is an example. Please make sure it applies to your state laws and is verified by a lawyer before adding it to your lease: Insurance. Owner does not insure Tenant, the members of Tenantâ€™s household, Tenants guests, invitees, licensees, or any other Tenants or persons in or about the Premises, from any loss occurring in or about the Premises, whether from bodily injury or property damage of any kind whatsoever. Owner strongly recommends that Tenant maintain, at Tenants sole expense, a standard type of Renters insurance policy or its equivalent, which provides limits of liability adequate to protect Ownerâ€™s and other Tenants property, as well as Tenants personal property from loss by fire, burglary, water and other perils. Without such insurance, Tenant could incur substantial financial burden in the event of fire or other perils outside of Ownerâ€™s control. Tenant hereby releases Owner from any and all claims for damages or loss to Tenants personal property in, on, or about the Premises that are caused by or result from risks that are or would be insured under the insurance described above. Tenant hereby waives any and all rights of recovery and rights of subrogation against Owner in connection with any damage or claim that is or would be covered by such insurance, except for damage resulting from negligent acts of Owner.

I just worry that if something happened to the tenant's stuffs, the tenant may consider going after me if he did not buy tenant insurance Thanks.

No but I strongly advise it. There is also a paragraph in the lease (that they initial) which explains what my insurance covers and does not cover (their stuff).

Do you require tenant insurance?Do you require tenant insurance?

Back

Resources & Media

Resource Hub Bookstore Blog Guides Pro-Exclusives PRO Podcasts Pro Partnerships Property Management Toolkit

Events & Training

BPCON2025 Webinars Upcoming Events Free Courses

Strategies

How to Manage Your Rental Property How to Operate a Short-Term Rental How to Passively Invest in Real Estate How to House Hack How Does the BRRRR Method Work How to Flip a House How to Invest in Commercial Real Estate How to Invest in Real Estate How to Invest in Multifamily Real Estate How to Build Wealth

The BiggerPockets Conference

This is your chance to learn from the best, network with the best, and become one of the best in the game.

Discover BPCON2025

The Podcast Investors Trust

No fluff. Just deals, strategies, and lessons from the front lines of today's market.

Listen Now

Back

Pick Markets

Market Finder - NEW PRO Picking a Market Workshop PRO Picking a Market Worksheet Top 100 Cash Flow Markets Market Insights - Sunbelt Region

Market finder

Pinpoint the best real estate market for your specific goals with expert recommendations and real-time data on appreciation, affordability, rent-to-price ratio, and more.

Pick Markets

Pro membership

Get unlimited access to tools and resources that make it easier to find, analyze, and manage deals with confidence!

Upgrade to Pro

Back

Find Deals

BiggerDeals Off-Market Deal finding PRO Real Estate Syndications Investor-Friendly Agents Find Foreclosures Community Listings (FSBO) Business Directory

NEW! Find Cash-Flowing Deals Fast

Search nationwide listings with built-in cash flow analysis.

Find Deals

Invelo - off market deals

Scale your portfolio with off-market deals.

Explore Now

Back

Calculators

Rental Property Calculator PRO Rehab Estimator PRO Rent Estimator PRO BRRRR PRO Fix & Flip PRO Short-Term Rental PRO Sell vs. Keep PRO Landlord Insurance Calculator by Steadily All Calculators

Rental property calculator

Is it a good deal? Run your numbers like a pro with this simple yet powerful calculator.

Run the Numbers

Rent estimator

Understand how much rental income you can expect based on recent reports and data for your specific property.

Run Report

Back

Manage Properties

Managing Properties 101 Find a Property Manager RentRedi Property Management Software PRO Baselane Automated Bookkeeping & Banking PRO Property Management Tools Ask a Management Question Finding Tenants Screening Tenants PRO Leases + Landlord Forms PRO Property Insurance Property Maintenance / Rehab PRO

Property management software

Manage tenants, tasks, and your entire portfolio with one simple tool.

Activate Now

Property manager finder

Find reliable property management partnerships that last.

Find a Property Manager

Back

Plans & Pricing

Pro Membership Business Membership

Try PRO for 7 days completly free

Avoid mistakes and make informed decisions with Pro.

Start Free Trial

Grow your business

Promote your business on BiggerPockets and make quality connections with the right investors.

Sign Up Now

Back

For You

Newest Unanswered My Discussions Followed Discussions Followed Categories Followed Locations Followed People

General Real Estate

General Real Estate Investing Starting Out Deal Analysis Buying & Selling Business & Marketing Landlording Property Management Reviews & Feedback

Real Estate Strategies

House Hacking BRRRR Short-Term Rentals Mid-Term Rentals Multi-Family Fix & Flip Other Strategies

Finance & Financing

Lending Creative Finance Personal Finance Taxes & Legal Issues

News & Announcements

Official Site Announcements Market Trends & Data Real Estate News & Current Events Pro Exclusive Area PRO

Events & Networking

Events & Meetups Classifieds

Back

All Books

Best Sellers Browse All New Books & Pre-Orders Bundle & Save Books for Beginners

Unlock hidden potential in every property and maximize returns

This is your creative breakthrough guide to escaping investment paralysis and unlocking hidden profit in any market.

Get Your Copy

Build a Cash-Flowing Glamping Business with High Equity Upside

Whether you're starting from scratch or expanding existing hospitality operations, learn the practical frameworks needed to capitalize on the growing demand for upscale outdoor experiences.

Learn More

Do you require tenant insurance?

Most Popular Reply