RENTERS INSURANCE BEFORE KEYS / MOVE IN?

Question

Tenant hasn't provided me proof of renters insurance yet. Tomorrow is move in. Give them the keys or require proof of insurance before move in? It's in the lease that they must provide renters insurance, and make me an additional insured. I really don't want to have to evict if they don't provide it, etc.

David Sisson · Answer

Good advice, thank you. That's why I freaked out about it. I'd forgotten about it, until the last minute. The tenant was VERY aware they needed to get it, but hadn't done it.

Nathan Gesner · Answer

In the future, you need to know what hill is worth dying on. If it's in your lease agreement, you should be prepared to enforce it. If you're not sure you can enforce it, take it out of the lease.

Thomas S. · Answer

No proof, no keys. Simple as that.

If you allow tennats to move in without the proof of insurance in advance you will never see it and would be best to remove the requirement from your lease.

Michael Perry · Answer

@David Sisson I’m in a similar situation and have communicated that they must have proof of renters insurance before they move in.  Agree with some of the other comments ... no proof, no keys.  Willing to lose the tenant if need-be.

David Sisson · Answer

Tenant managed to do it last minute. I was on the phone w/the insurance agent, setting up the additional insured parties, and the agent emailed me the proof, I turned over the keys. Thanks for the advice. I was worried that the whole thing would fall apart last minute.

Ray Harrell · Answer

Call and ask whats up? Let him know you require proof at exchange of keys. It only takes a few minutes to get it.

RENTERS INSURANCE BEFORE KEYS / MOVE IN?

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