#78175On Wednesday, March 19, 2008Guest (not verified) said,
A family member has recently signed a lease that included the following wording: "All tenants must secure an annual tenant/homeowner insurance policy providing a min of $500K liability coverage." Proof must be provided and the leasor must be named as additional insured. Does anyone know if this is normal practice and also is this liability insurance on the dwelling or for potential injury? Thanks for your assistance.
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A family member has recently
A family member has recently signed a lease that included the following wording: "All tenants must secure an annual tenant/homeowner insurance policy providing a min of $500K liability coverage." Proof must be provided and the leasor must be named as additional insured. Does anyone know if this is normal practice and also is this liability insurance on the dwelling or for potential injury? Thanks for your assistance.
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