Why do some apartment complexes require tenants to have renters insurance?
Owners of apartment complexes buy insurance for their liability and to cover their buildings and property. This insurance does not cover any of the tenant’s property or liability. When landlords require tenants to have renters insurance, the apartment owner is making sure that the tenants will not think the apartment complex policy will cover the tenant’s property or provide the tenant coverage for events causing damage or injury for which the tenant is liable.
