Yes! Damage caused by a resident is usually the financial responsibility of that resident, not the property owner. To fulfill lease obligations and to protect liability risks, 520 Lofts residents are required to provide evidence of liability or property damage insurance at a minimum limit of $100,000. Residents may choose the insurance company and policy limits that are most appropriate for each situation, providing the minimum limit is satisfied. Please inform the insurance provider to have 520 Lofts listed on the policy as an “interested party.”
For the convenience of residents who do not have a specific insurance agent identified, we have arranged for a convenient, affordable insurance option for the 520 Lofts community. Resident Shield has made available Renters Insurance to our residents. There is no application, no credit check, and acceptance is guaranteed for residents of 520 Lofts! To learn more about this coverage, obtain a premium quote, or purchase a policy please visit ResidentShield.com or call 800-566-1186.