| Landlord / Tenant Issues Includes Leases, Evictions, etc. |
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06-28-2001, 02:26 PM
| | | NYC, lease has a clause requiring renters insurance. Is this legal? Is this enforceable if the lease is signed? | 
06-28-2001, 03:54 PM
| | | | Of course its legal......and of course you dont have any so you woulnt have a clue in the world...
That i get $44000 contents and $100,000 liability for $218 a year in NYC.....From Travelers Insurance company
So quit griping over $19 a MONTH! | 
06-28-2001, 04:12 PM
| | | | $19 is approximately 4 cups of desperately needed Starbucks. However, since im posting for a friend, i won't complain. I just want to clarify it is enforceable. The landlord can demand to see your renters insurance policy and initiate eviction proceedings if you fail to provide proof of insurance? | 
06-28-2001, 04:23 PM
| | Senior Member | | Join Date: May 2001 Location: Central VA
Posts: 2,329
| | | The BEST is yet to come...... Hold your coffee cup....some large mgmt/insurance companies are requiring that you buy renters insurance from THEM.
__________________
CPM * 40 years of property management experience
Age and experience ALWAYS trumps youth and enthusiasm
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06-28-2001, 05:19 PM
| | | | Think of it this way.. Dont pay your auto insurance on time, the Motor Vehicle demands you send them your License plates back.
Or drive without insurance and your DL is suspended.
The landlord is trying to protect his building as well. | |
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