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Though renters insurance is not required by law in any state, some landlords do require that their tenants have it. There are different types of renters insurance, and what you need could, in part,...
When it comes to determining how much renters insurance a landlord should require, there is no one-size-fits-all answer. Landlords often consider the value of the tenant’s possessions, the ...
Renters can often get a reduced rate on their renters insurance if they bundle it with an auto policy. Additionally, you may earn a discount if the property has certain safety features.
Renters' insurance, often called tenants' insurance, is an insurance policy that provides some of the benefits of homeowners' insurance, but does not include coverage for the dwelling, or structure, with the exception of small alterations that a tenant makes to the structure.
Only in designated regions with a strained housing market, the rental price at the beginning of the rental agreement are capped by law. Increases in the rental prices throughout the duration of a rental contract are required to follow a "rent level" (Mietspiegel), which is a database of local reference rent prices. This collects all rent prices ...
In order to rent or lease in many apartment buildings, a renter (also referred to as a “lessee") is often required to provide proof of renters insurance before signing the rental agreement. There is a special type of the homeowners insurance in the United States specifically for renters — HO-4.
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