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What Does it Mean To "Require Renters Insurance?
What Does it Mean To "Require Renters Insurance?

You can require rental insurance for all of your tenants!

Melissa avatar
Written by Melissa
Updated over a week ago

Requiring renters insurance will keep both you and your tenants covered! In fact, it could save you both thousands of dollars in property damage, lawsuits, and even your own insurance deductible!

TurboTenant makes it easy for you to communicate the requirement to your tenants and document proof of their policy. You both will sleep well at night having the peace of mind that you're covered.

How do you require renters insurance?

Step 1: Log in to your TurboTenant account and go to your Account > Settings page.

Step 2: Go to the Advanced page within your Account > Settings view. On the Advanced page, select the "Turn on Requirement" option.

Step 3: Read about how renters insurance work, and select the option to require it.

What happens once you require renters insurance?

Once you turn on the requirement, TurboTenant makes it easy for you to actually get proof of their policy:

  1. When you convert an applicant to a tenant, we’ll send an email to the renter letting them know you require renters insurance as part of the lease.

  2. Your tenant is then prompted to provide proof of their policy within their TurboTenant account. They can choose any insurance provider they want, and simply upload their policy. They also have the option to purchase a policy for as low as $8/month through our partnership with SURE.

  3. Once they provide proof of insurance, we’ll send you an email letting you know you’re covered. When they purchase through SURE, you’ll also be notified if their policy changes, is canceled, or expires. The policy details is available within 24 hours of their purchase!

Turning the requirement off

If you no longer want to require renters insurance, go to the Advanced page within your Account > Settings view and select the "Turn Off Requirement" option. Turning the requirement off will disable it for all leases.

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Still have questions? Reach out to our Support Team via chat or by email at [email protected]

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