Renter’s Liability Insurance
Emerald Residential Property Management, LLC (the “Company”) requires all tenants to obtain Liability Insurance of at least $100,000 through the duration of your lease contract. You are strongly encouraged to obtain Personal Property Insurance through the duration of your lease contract since you are not covered by the Landlord’s insurance policy. In addition, you may be held responsible for damage to your property that you or your guests may accidentally cause.
You understand that you are required to maintain a renter’s insurance policy, which provides limits of liability to third parties in an amount not less than $100,000 per occurrence. You agree to maintain, at your own expense, during the Term of the Lease and any subsequent renewal periods, a renter’s insurance policy satisfying these requirements. Liability Insurance DOES NOT protect you against loss or damage to your personal property or belongings – only a renter’s insurance policy does this. You may choose your own Insurance Carrier and furnish a Declaration Page of coverage for each resident that reflects your current address, the name of your insurance company, the policy number, and the effective and expiration dates of your policy that must be current. Management must be in receipt of a signed lease renewal letter and acceptable Declaration Page of Insurance Coverage to generate a new lease for you. In addition, you MUST add Emerald Residential Property Management as “Interested Party” or “Certificate Holder”.
Emerald Residential Property Management
5318 Bransford Rd
Colleyville, TX 76034
You are in violation of the lease agreement if coverage is not in place during the entire term of the lease agreement.
Thank you and we appreciate your cooperation.
Emerald Residential Property Management, LLC