Category Archives: insurance

Is there an ordinance or law requiring renter’s insurance in Chicago or in Illinois?

Quick hit: mandatory renter’s insurance requirements? No.  At this time, there is no ordinance in the City of Chicago that requires that a tenant obtain renter’s insurance.  In fact, there is no statute in the State of Illinois that requires … Continue reading

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Rent protection insurance comes to Illinois

Beginning at the start of this year, insurance company Aon, through a subsidiary known as Affinity Insurance Services, Inc., has been offering an interesting product to landlords known as “Aon Rent Protect“.  A representative of Aon Rent Protect who I … Continue reading

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Illinois landlord tenant insurance requirements

A pipe accidentally bursts in the closet wall of a rented apartment and a tenant’s property suffers major water damage.  The tenant thinks the landlord is responsible and that the landlord’s insurance will cover the tenant’s damaged property.  In most … Continue reading

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