If you live in a rented property, your landlord may ask you to buy renters’ insurance. When shopping for renters’ insurance, you will need an experienced insurance agent. If your rented property is near Ponte Vedra Beach, FL, our team at Palm Valley Insurance Inc. can take the time to help you find the right insurance policy. We’ve been working with renters like you since 2017.

Is Renters Insurance Required in Florida?

According to Legal Clarity, Florida state law does not require all tenants to purchase renters’ insurance. The law gives landlords the choice of how to construct their lease agreements. Therefore, many landlords make renters’ insurance a requirement. If this type of insurance is mandatory, notice of that requirement must be written into the lease agreement.

When a tenant signs a lease agreement with a clause requiring them to buy renters’ insurance, and they don’t keep the insurance premiums up to date, they are considered to be in breach of contract. If the contract is breached, the landlord has the right to initiate eviction procedures. Landlords may also have the right to hold the renter responsible for any damage that occurs to the property. Since renters’ insurance typically covers damage to your property, if you don’t maintain your policy, you will be legally responsible for paying for the damages.

Call Us for Your Appointment Today

Renters’ insurance will help you feel secure. Our team at Palm Valley Insurance Inc. is locally owned and operated, so we are part of your community. Renters in the Ponte Vedra Beach, FL, area have learned they can place their trust in us to provide excellent client support. Call us for an appointment today and let us work with you to provide the coverage that you need.