• Rental housing providers considering instituting a renters’ insurance sales program should be aware of potential state licensing requirements for their employees, as well as legal issues arising out of an apartment provider’s business relationship with an insurance underwriter. The document covers the legal, licensing and business considerations related to implementing a renters' insurance sales program.
  
  
• Rental housing providers should also understand the legal issues raised by requiring residents to obtain coverage, and of "force placing" coverage when residents fail to obtain policies independently.
  
  
• The guidance concludes that potential for discrimination and other liability claims, combined with the financial and administrative costs of licensing, may significantly outweigh the benefits of directly providing renters' insurance to residents.

NMHC Contact Information:

Jeanne McGlynn Delgado
Vice President of Property Management
202/974-2344
jdelgado@nmhc.org