Can you be barred from getting renters insurance?
I always thought renters insurance was mandatory, but weirdly my grandpa's apartment manager has told him that he's not allowed to take out a renters policy. If he does, the manager said he'll face legal action. Is this allowed?
“That is very strange! While renters insurance is often mandatory (usually at the discretion of the property owner), I can think of no situation where it is prohibited, since the insurance would only extend to the renter’s personal property, liability, and additional living expenses if the apartment were to become uninhabitable.
You should reach out to your state’s Department of Insurance; I do not believe that they will discourage your grandfather from obtaining an insurance policy. The apartment manager would also not know if he has a policy, since he is not required to disclose this information to them.
This question raises some red flags; I suggest looking into the reputation of this apartment complex and checking your grandfather’s rental agreement. “
Did this answer help you?
Ask us a question by email and we will respond within a few days.
Have a different question?
You can meet us at our office and discuss the details of your question.
Read advice from car experts at Jerry
Browse by topics
What others are asking
What happens when the damage in a four-car accident exceeds the insurance limits available?
Hypothetically, if someone gets in a four-car accident and they are at fault but they have minimum coverage, what will happen to them?
May 14, 2021
"Is there a way to do a transfer of equity on a car loan? "
"I need to cut back on my monthly expenses. My car payment is one of the biggest ones. I spoke with the bank and they said I could voluntarily surrender the car to them or do a transfer of equity. How does a transfer of equity work on a car loan? "
Apr 26, 2021
Is 15.99% APR on an 84-month car loan a good deal?
I want to buy a car, but have little credit history. I also want the payments to be as low as possible, so I'm looking at an 84-month loan. Is 15.99% APR too high for a car loan?
May 05, 2021