We have provided a sample lease addendum to include a requirement for renters insurance with your lease agreement. By having your tenants sign a renters insurance lease addendum*, they will be contractually obligated to purchase and maintain a renters insurance policy throughout their lease. We recommend that you consult a licensed lawyer and update this addendum to ensure that you are in compliance with the appropriate laws and regulations regarding your lease before using this addendum.
*This sample lease addendum is provided for informational purposes only. It is not legal advice. You should consult your own attorney. Neither Buildium nor its counsel represent you, nor have either offered you legal advice. Certain jurisdictions may not allow the addendum as drafted, and it may not be appropriate for your purposes.