Why should my landlord be involved with me insuring my own stuff?
February 29, 2012 6:42 AM Subscribe
Can my landlord require that I add them to my renter's insurance when I renew my apartment lease? And is this normal? (Michigan, USA)
posted by Vorteks to Law & Government (7 answers total) 1 user marked this as a favorite
I've been renting my current apartment for 4 years. My lease is up in about a month, and my renewal letter just came. The letter says, in part, that "due to changes in state law, any tenants who wish to renew must sign a new lease" and also "tenants will also be required to obtain renters insurance, and add [name of apartment complex] as an additional insured". It's not clear from the letter if the renter's insurance requirement is due to the "changes in state law", or if it's unrelated.
This seems weird to me. I've had renters insurance the entire time I've been living there, although I wasn't required to. But why would the landlord want me to add them to my insurance as an "additional insured"? And what does that even mean? Renter's insurance just covers my stuff right, not the building? They probably have the building insured already. So why would they get money if my belongings were damaged or burglarized? Or does "additional insured" mean something else?
I really don't know what to think of this. Is this normal? Should I be uncomfortable with this? Any insight is appreciated. I recognize that you are not my lawyer and responses are not legal advice. The apartment in question is located in Michigan, USA. Thanks Mefites!