Yes, all tenants are required to obtain renters insurance for the entirety of their lease. The requirements can be found on page 17 of the lease agreement and are listed below.
1. Name the landlord as an additional insured party (for legacy homes, Alcove should be listed as the additional insured party instead. Please ensure you check your lease agreement to see who the correct landlord party is).
2. Coverage of tenant's personal property
3. Bodily injury and property damage coverage of up to $100,000
Tenants should upload their entire insurance policy to their Alcove portal prior to moving into their home
.png?width=688&height=498&name=Screen%20Shot%202022-11-04%20at%2012.40.14%20PM%20(1).png)
*If a tenant renews their lease or moves to another Alcove property, an updated renter's insurance policy will need to be submitted confirming the new leases dates and address. *