Common use of LLL coverage is not personal liability insurance or renters’ insurance Clause in Contracts

LLL coverage is not personal liability insurance or renters’ insurance. Resident is responsible for obtaining Resident’s own property, casualty, and liability insurance. All property kept or stored on the Premises shall be at Resident’s own risk and Resident agrees to indemnify and hold Landlord harmless from any injury, loss, claims, demands, suits or, judgments arising out of damages to same, including claims by Resident’s insurance carrier, to the fullest extent permissible by law. WE STRONGLY ENCOURAGE YOU TO CARRY RENTER’S INSURANCE. Resident acknowledges that the LLL does NOT cover the Resident’s personal property (contents of the unit) nor additional living expenses due to displacement or liability arising out of bodily injury to any third party, to the fullest extent permitted by law. Resident understands that if Resident currently carries Xxxxxx’s Insurance proof of the policy must be provided to the Manager prior to move-in inclusive of the declaration page and proof of Landlord being named as an interested party.

Appears in 8 contracts

Samples: Street Lease Agreement, Lease Agreement, Lease Agreement

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