What is an interested party on a renter’s insurance policy?

I just signed the lease to my new apartment. I’m finalizing all of the paperwork, and my landlord has asked me to list them as an interested party on my renter’s insurance policy. What exactly is an interested party and what does it mean for my insurance?

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Answer provided by
Natalie Todoroff
Answered on May 18, 2022
Hey, congrats on the move. Hopefully the new place has got laundry in-unit!
An interested party on your renter’s insurance is someone who will be notified if you change or cancel your policy. They also can be known as a ‘third-party designee’ or an ‘additional interested party.’
It’s completely normal for your landlord to ask you to register them as an interested party. In fact, it’s increasingly common for landlords to require their tenants to have renter’s insurance, so they just want to be kept in the loop about your policy. If you end up canceling, they’ll want to know!!
Registering someone as an interested party is fairly simple. You need only:
  • Go online. Most insurance providers will allow you to add an interested party through their website.
  • Provide relevant contact info. Most of the time, this will be your landlord’s name and email address.
  • Await confirmation. The interested party will then receive a description of your renter’s policy via email or snail mail, depending on your insurance company.
And that’s it!
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