Legal Question in Landlord & Tenant Law in California
I have ben living in a large luxury apartment complex for the last five years and just signed a new twelve month lease. They require each tenant to carry a $100,000 Renters liability insurance policy. They notified me that there is a new requirement that the renters policy has to list the apartment complex as additionally insured or list it as a third party interest. Can this a legal requirement and is it detrimental to me as a tenant?
Asked on 5/29/15, 6:17 pm
1 Answer from Attorneys
Robert F. Cohen
Law Office of Robert F. Cohen
The only detriment would be that you would have to pay the insurance premium. It's beneficial since, if there's a fire or some other calamity, you're protecting the landlord's property and your personal property, as well. Many rental agreements contain a similar provision, but it's often ignored.
Answered on 6/05/15, 9:35 am
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