echo ' Disclosure of Renter's Insurance

Disclosure of Renter's Insurance

Why you should purchase Renter's Insurance?

Lease Agreement section Renter's Insurance

Owner requires Lessee to order and pay for their own Renter's Insurance to insure against accidental losses or damages, or injury or harm, incurred by the Lessee or Occupant Dependent or Guest that may occur on the Premises. The Lessee hereby acknowledges Owner's Insurance does not cover or insure against loss of or damage to any personal property or vehicles, or injury or harm, incurred by the Lessee or Occupant Dependent or Guest.

Owner’s Condition to Lease

Owner does condition for evidence of Renter's Insurance before signing a Lease Agreement, which is a Fair Housing Initiative.

A State Statue may require Lessees to purchase Renter's Insurance. Currently, Virginia has legislated (VA. Code Ann. 55-248.7.2) Lessees purchase liability insurance.

Currently, we do condition for evidence of Renter's Insurance before signing a Lease Agreement.

Reasons for Purchasing Insurance

During the holidays such as Halloween, some Lessees present their homes as an invite to unfamiliar persons such as children and adults onto the premises.

Owner’s Insurance does not protect you from lawsuits filed by persons injured or harmed on the premises. If the lawsuit includes an Owner, the Owner has the right to file a lawsuit against the Lessee for redress.

Owner’s Insurance does not protect you from the following:

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