It really not the landlords responsibility to have insurance for the property of the tenants. Of course the building that they are renting is insured. Hence when anything happens with the tenant’s property, their landlord will not be liable for it. These renters are even homeowners.
They may ask what is the cost of renters insurance . They will have to compare insurance companies that can provide these renters with the best renter insurance so that they can give the renter their money’s worth. Of course they want to have cash which is hard earned that will be carefully be invested in the properties.
This will vary from person to person when it comes to renter insurance. It will also depend on what property that they own and where they live as well. The reasons for this is that there could be a number of break ins and burglaries that are in that area. So insurance will be higher than say the safer environment. A tenant that has property of value will on average have to get renter insurance which is higher than normal. This is insurance for anyone that is a renter. They can be renting or staying in the condo or renting a house.
Answers they can get will be best from agents of insurance which are trained well with this information which they need for the renter insurance, benefits, policies and cost so they can see what they will be able to get. However the renter insurance will not cover furniture and clothes. With the disasters that are natural as flood and fire, the house will not be inhabitable. With this insurance they will be able to cover the home so it can be repaired. This is what they will need to have their things covered to be replaced.