Do we have an obligation to hire a multi-risk home and renters insurance? This is one of the most common questions that may arise when we first rented a house. Unfortunately, it can be held up by disputes between landlords and tenants, when sometimes the owner has tried to collect the insurance on the tenant.
Home Insurance
First, it should be clear that the tenant is simply a third party and, therefore, do NOT have to respond or secured by a dwelling that has no property. They are the real owners and stakeholders to be included as policyholders if they are interested in securing your home against fire, theft or any other damages, which are the reasons that usually make sure the homes. They, the owners are the beneficiaries of insurance and therefore who should pay the amount of the annual fee.
It should, however, when renting for the first time, make sure what are the safeguards that have covered the owner, then neither the landlord is obliged to hire a multi-risk insurance. We, as tenants, we do have the power to complement the coverage of housing by agreeing with the landlord if we have the assurance that before any damage to housing, respond quickly and not have to walk by contacting with the owner. We also have the power to purchase insurance only for the content of the home, if they are ours: furniture, etc.
In any case, there is no legal requirement that the tenant has to bear any home insurance.
