It should also be illegal. If I want to risk loss of my personal property that should be my decision to make.

It’s not your property they care about. They usually want this because it includes liability insurance if you damage their property or someone else’s, or your negligence causes harm to someone.

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evolve2k 23 minutes ago | parent [-]

In Australia we have very strong consumer protection law, here it’s expected (by the bank usually) the landlord has at least a minimum “landlord insurance” that covers all that stuff.

For anything not covered, where a tenant does damage thats what the bond is for.

Renter insurance should be optional.

Actually I’m surprised that landlord insurance is not already occurring, imagine a building with 100 apartments, I’m sure the bank would ask the landlord to have a single cover over 100’s of little crappy policies.

If renter insurance is required by regulations, this is likley another good target for policy change.

Americans really do get screwed in so many ways.

	▲	SoftTalker 18 minutes ago \| parent [-]
		Same here. This has only been a thing recently when landlords figured out they could make money selling the insurance. When I was a renter, insurance was never required from me.