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It’s Time to Get Your Tenants a Renter’s Insurance Program

By March 3, 2016Blog

Ramey King has provided a specialty insurance practice group for residential and apartment properties for many years. One of the continuous challenges to owners of these properties are claims that are caused by a tenant such as grease fires, cigarette fires or just general items that were caused by the tenant. A tenant would need what is commonly referred to as a “renter’s policy” to be able to have insurance address these type of claims. This is easily obtained from most insurance agencies and can also be combined with an auto policy for additional premium savings. Unfortunately many tenants just don’t arrange the coverage. Many tenants don’t realize they need this coverage or mistakenly may assume, somehow, that the landlord is protecting them. The TAA lease even also requires or suggests this coverage.

Master Renters Programs

There are a couple of options available to a landlord. One is to help their tenants recognize their need for renter’s coverage and direct them to purchase the products. A second option can be to arrange a master renters program for their tenants. This is a product that Ramey King can arrange for landlords. One of the options we have available provides first party coverage for the perils of fire, water overflow, smoke, and explosion as well as sewer backup and contents insurance for the tenant. The landlord will recognize that these perils are the most common occurrences that typically emanate from the tenant.

The program is very cost affective and the cost can be passed to the tenant very conveniently. The program is arranged by the landlord, which makes it very convenient for tenants to opt into the program. It also allows a tenant to opt out if they have their own renter’s policy. It can obtain for apartment complex owners or fleets of rental homes.

For more information on a master renters program, contact Ramey King Insurance at 800-453-9691, visit our website at or e-mail us at You can also visit our office at 320 Eagle, Ste 201, Denton, TX 76201