I am renting through an agency that manages the flat. The flat was unfurnished with just white goods in. Agency says the landlord insured the property and white goods. They ask me to provide a proof of insurance of my stuff that covers *accidental damage*. Why? I think it is my business to insure whatever I want in a way I want but they insist without explaining. Am I missing something? I am sure they will include the requorement in the contract when I renew if it is not already there ...
2006-09-23 22:28:08 · 8 answers · asked by Venca 1 in Politics & Government ➔ Civic Participation
they want you to get renters insurance for your stuff in-case anything happens to your stuff like a fire or a pipe burst on the floor above you wont sue them
2006-09-23 22:37:53 · answer #1 · answered by Anonymous · 0⤊ 0⤋
This is called renters insurance. check this.
Say your apartment caught fire your landlord isnt responsible, say your apartment was robbed, your landlord isnt responsible.
Renter insurance is very cheap it runs been $100-$300 annually.
Yes it worth it. It will provide you with shelter in hotels and replace damaged and stolen property.
If all your property and apartment cant be saved they will cut you a check up to $20,000
2006-09-26 09:21:15 · answer #2 · answered by Keena R 1 · 0⤊ 0⤋
hi Andrew i think of you the two misunderstood the owner (corporation as you call them) or somebody of their workplace purely relayed the help to you incorrectly. A deposit is extra for once you progression out and that they journey issues like: changing lost keys, carpet cleansing, minor damages and/or handyman maintenance. coverage covers: burning the region down or somebody getting injury on the valuables that grew to become into your fault. those are issues that a deposit purely can no longer conceal. There are issues the owner does no longer want to be held responsible for, so as that they are requiring to receive coverage to conceal your end of it. opposite to what yet another guy or woman replied, i think it incredibly is especially usual. additionally in the event that they wrote this requirement into the hire and you neglected to look over the comprehensive hire formerly signing it then it is your fault for no longer paying interest. this form of coverage is quite low-fee interior the U. S., i'm no longer able to think of this being too high priced for you men. wish this facilitates
2016-10-01 07:36:09 · answer #3 · answered by ? 4 · 0⤊ 0⤋
hmmm...I have never heard of a rental place telling you that you HAVE to have renters insurance, or else. I would ask, and if you don't get the answers that you want, then start looking for another place.
2006-09-23 22:37:15 · answer #4 · answered by Jay S 5 · 0⤊ 0⤋
They don't care if you insure your property. They want your to insure against damage to their property for which YOU could be liable.
2006-09-24 11:46:24 · answer #5 · answered by STEVEN F 7 · 0⤊ 0⤋
I belive that's called renter's insuance.
2006-09-23 22:31:24 · answer #6 · answered by Brad B 3 · 0⤊ 0⤋
Risk.
2006-09-24 06:27:10 · answer #7 · answered by Fermat 4 · 0⤊ 0⤋
trust no one
2006-09-23 22:38:54 · answer #8 · answered by limpit 3 · 0⤊ 0⤋