Renter’s Insurance: To Be Expected?
Following a recent industry trend, it seems apartment renters throughout the country should be prepared for an extra expense to be added to their bills if it hasn't been already: renter's insurance. According to a 2012 survey of apartment companies by the National Multi Housing Council, more and more of these companies are requiring their tenants to obtain rental insurance as part of their lease agreement. In fact, from 2011 to 2012, the percentage of companies requiring rental insurance for all their building's tenants jumped from 62% to 84%, with further increases expected in the years to come. As one company executive puts it...


