insurance requirements

Mandatory policy conditions

Insurance requirements are the minimum coverage levels or policy types mandated by a contract, law, or institution.

Landlords impose insurance requirements on tenants, lenders require homeowners insurance on mortgaged properties, and states set minimums for auto liability coverage.

The lease specified insurance requirements including $100,000 in renter's liability.

Meeting insurance requirements is typically a condition of the underlying agreement.

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protection vs. exposure

insurance requirementsself-insurance

Assuming risk personally

insurance waiver · assumption of risk

coverage approach

insurance requirementsself-insurance

Assuming risk personally

coverage gaps · underinsurance

Family

insure, insurance, requirement

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