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Is it usual to be asked to get renters insurance?

post #1 of 12
Thread Starter 
Hi, Im negotiating to rent a kitchen 1 day a month for a few hours. The just emailed me that she is requiring I get renters insurance? Is that normal? I wont have any valuables at the kitchen. Thanks for your input.
Lisa
post #2 of 12
I have to carry comprehensive public liability insurance, covering me and the landlord, from loss by accident on or near the premises for $1,000,000 for bodily injury; $50,000 for property damage; and $1,000,000 Product Liability covering products made on the premises.
~ Natalie

The best way to make your dreams come true is to wake up. -- Paul Valery

buildingnataliesbakehouse.wordpress.com
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~ Natalie

The best way to make your dreams come true is to wake up. -- Paul Valery

buildingnataliesbakehouse.wordpress.com
Reply
post #3 of 12
Thread Starter 
thanks, thats good to know. Im clueless about this stuff!
post #4 of 12
Yeah, I don't think renters insurance is the right title (that's more for when you rent an apartment) but there are definitely other insurances that you will need. Just contact your regular agent and see what they have to say on it.
post #5 of 12
Thread Starter 
Your right. its liability insurance that includes the rental.
post #6 of 12
Renter's Insurance is the insurance that a landlord takes out against the possibility of a tenant doing a midnight-flit without paying rent up to date, the cost of any repairs due to tenants abuse, and the general maintenance due to their unscheduled departure ..
post #7 of 12
Quote:
Originally Posted by auzzi

Renter's Insurance is the insurance that a landlord takes out against the possibility of a tenant doing a midnight-flit without paying rent up to date, the cost of any repairs due to tenants abuse, and the general maintenance due to their unscheduled departure ..



Interesting, in the US it's insurance that the renter himself has to take out because the landlord's insurance doesn't cover tenants for personal loss if the place burns down or gets robbed. We used to rent apartments in the house we owned, and the tenants wouldn't have been covered under our homeowner's insurance if their apartment was robbed unless they had their own insurance.
post #8 of 12
Quote:
Originally Posted by costumeczar

Interesting, in the US it's insurance that the renter himself has to take out because the landlord's insurance doesn't cover tenants for personal loss if the place burns down or gets robbed. We used to rent apartments in the house we owned, and the tenants wouldn't have been covered under our homeowner's insurance if their apartment was robbed unless they had their own insurance.



Exactly. It covers the contents belonging to the renter.
post #9 of 12
Quote:
Originally Posted by auzzi

Renter's Insurance is the insurance that a landlord takes out against the possibility of a tenant doing a midnight-flit without paying rent up to date, the cost of any repairs due to tenants abuse, and the general maintenance due to their unscheduled departure ..



Actually that's Landlord's Insurance.
post #10 of 12
Quote:
Originally Posted by Toodee

Quote:
Originally Posted by auzzi

Renter's Insurance is the insurance that a landlord takes out against the possibility of a tenant doing a midnight-flit without paying rent up to date, the cost of any repairs due to tenants abuse, and the general maintenance due to their unscheduled departure ..



Actually that's Landlord's Insurance.



Auzzi is from Australia - it might be titles differently down there.
post #11 of 12
Quote:
Originally Posted by KoryAK

Quote:
Originally Posted by Toodee

Quote:
Originally Posted by auzzi

Renter's Insurance is the insurance that a landlord takes out against the possibility of a tenant doing a midnight-flit without paying rent up to date, the cost of any repairs due to tenants abuse, and the general maintenance due to their unscheduled departure ..



Actually that's Landlord's Insurance.



Auzzi is from Australia - it might be titles differently down there.



So am I.
post #12 of 12
Landlord's or Renter's .. depends on the state ..
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