As of 2014-2015 lease year, the Courtyards requires all residents to invest in renters insurance. The Courtyards does not carry insurance on tenant’s personal possessions. Renters insurance can provide protection for accidental damage, theft, fire, water, and more. Please note, tenant will be held liable for any damages he/she may cause to a unit. Damage caused to a unit by a tenant will be charged directly to the resident found responsible or split among the residents of the apartment if a responsible party cannot be determined, regardless of acquisition of insurance.
Many tenants rely on parents’ homeowners insurance policies for protection while residing in The Courtyards. Be sure to check your policy first as many will only provide partial coverage for personal property of the tenant. Renters insurance covers personal property as well as damage to the property for which a tenant may be liable. Renters insurance policies also tend to carry lower premiums.
Renters insurance rates vary from state to state. The cost also depends on the insurance company and the coverage level selected.
You may benefit from speaking with an agent when selecting a policy, as some features of our properties could lower rates. Agents may also recommend other protective measures for your apartment that will lower the rates and further your protection. Some policies also cover listed property outside the apartment.
Click here for an informational pamphlet on renters insurance. The Courtyards does not specifically endorse the company in the provided pamphlet. We provide this for informational purposes only to aid in your insurance-provider research.
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