Delaware HB467 prohibits landlords from mandating specific insurers for renters insurance but allows them to set coverage requirements.
Delaware HB467 amends Title 25 of the Delaware Code to modify renters insurance regulations. It prohibits landlords from requiring tenants to obtain insurance from a specific insurer or provider. However, landlords can mandate that tenants maintain renters insurance that meets specified coverage requirements outlined in the rental agreement. Tenants who secure coverage from any insurer authorized in Delaware and meet the lease's coverage requirements are considered compliant with the insurance stipulations in their rental agreement.
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