Why Does My Landlord Require Renters Insurance? 
That is a great question , with a very simple answer ! Your landlord wants to pay lower insurance premiums himself ! By ensuring that each tenant that they rent to has a renters policy , the risk that the landlord 's insurance company has to shell out after a catastrophe is lessened . The tenant causes the catastrophe , their insurance company is liable for the damages , not the landlords . Hopefully the landlord is passing along his or her savings to you in the form of cheaper rent . Thank you for asking ! -LRB- p.s. renters insurance is cheap , and a really good idea for you to have anyway , so the landlord is really doing you a favor by requiring that you have it . -RRB- 