Required
Renters Insurance
Dear Tenant,
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The landlord disclaims any and all responsibility for damages to your personal property arising from fires and other events.
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One of the requirements of your lease is that you must maintain at least $100,000 of personal liability insurance. You can do this by purchasing a renter's insurance policy that generally includes personal property coverage to protect your belongings, as well.
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All adult residents living in the unit must be named on the policy.
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You must name the landlord as "additional interest" on the policy. "Additional interest" and "Interested Party" are the only acceptable designations. The additional interest should read as follows:
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Lone Star Properties
8007 Simpson Dr.
Amarillo, TX 79121
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Please provide a copy of the declarations page of your policy meeting the requirements listed above prior to moving in, or renewing your lease.
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This is an important component of your lease. Failure to keep the required coverage in force will be considered a breach of the lease and is subject to any and all of the same remedies.
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