Can you get evicted for not having renters insurance?
Are you wondering if you can be evicted for not having renters insurance? The truth is that it is highly unlikely that you’ll be evicted for not having renters insurance. It’s not typically a lease requirement. After all the policy is meant to protect your belongings and liability risk, not the landlords.
What Is Renters Insurance?
Renters insurance is a specific type of policy for individuals who rent their dwellings. It covers the renter’s personal property, like electronics, clothing and furniture. It also covers injuries and lawsuits. For example, if you have a guest over to your apartment or rental home and they fall an injure themselves, requiring medical attention, your renter’s insurance policy would cover those medical expenses.
It can also cover hotel fees and meals if your rental is severely damaged and you cannot live there until it is repaired. This could occur if a fire rages through the building, and it is declared structurally unsound without extensive repairs. In this instance, you would not be able to live in your apartment until your landlord repairs the building, and you would need your belongings replaced. Your renter’s insurance may be able to pay for your hotel and meal expenses while you are waiting for your old apartment to be repaired or while you look for another permanent place to live.
It’s important to note that renters insurance is not required by law. However, flood insurance may be required, depending on your specific location. Regardless, it’s a good idea to have both when you live in Florida.
Can Your Landlord Force You to Have Renters Insurance?
Before you sign your lease agreement, it’s important to thoroughly read your lease. Many landlords don’t put a stipulation that you must have and maintain a renter’s insurance policy. However, some do. If your landlord does state that you must have renters insurance while you are renting with that landlord, then not having it may become an evict-able offense.
When Would Your Landlord Find Out You Don’t Have Renters Insurance?
If your lease agreement does stipulate that you must have renters insurance, your landlord is probably going to ask for a copy of your insurance policy or a letter from your agent stating that you have renters insurance and that the policy is current. Your landlord may ask for this document within 30 days of your move-in date. You may also have to provide a document stating that you have renters insurance at every lease renewal.
Getting Renters Insurance With Fearnow Insurance in Florida
If you are renting an apartment or house, it’s important to financially protect yourself with renters insurance. It can help you replace your belongings if your items are damaged from a severe storm or if a fire burns through your complex as well as many other types of catastrophes. You’ll also have peace of mind, knowing that you are protected.
To learn more about getting renters insurance and to get a quote, give us a call at (813) 689-8878.