Renters Insurance-Impact On Insurance Premiums
My insurance just went up by 2K, since my tenants in my "C" class building dont have renters insurance. I got my renewal this month and I renewed my leases this past April. I am thinking next year do I raise accordingly or require them to have renters insurance and hopefully save 2k or whatever the difference may be, thoughts?
Most Popular Reply
Requiring renter's insurance is probably the easiest, and it is one less thing you need to charge/collect for (directly).