Renters Insurance Coverage Unfortunately accidents occur, even when people are careful. But damage done by residents is usually the financial responsibility of the resident, not the property owner. These accidents, such as bathtubs overflowing, kitchen fires, or damage to the common areas, can create significant financial hardship for apartment residents. That is liability property damage Insurance is required in our lease. To fulfill your lease obligation, all new and renewing residents are required to provide evidence of Renters Insurance, a minimum limit of $100,000. You may choose the insurance company and policy limits that are most appropriate for your situation, providing the minimum coverage level is satisfied. If you arrange your own coverage please make sure the Community name is on the policy (e.g. Park Lane East Apartments) listed as an "additional interest or "additional insurance" Please note that we do not insurance residents possessions, we strongly recommend you purchase a policy that includes "contents insurance. For the convenience of residents that do not have a specific insurance agent identified, we have arranged for a convenient, affordable insurance option, just click on the link above. If there are any questions please feel free to call the office.