REQUIRED PROPERTY DAMAGE LIABILITY INSURANCE:

The Landlord requires Resident obtain liability coverage of at least $100,000 in property damage and legal liability from an A-rated carrier and to maintain such coverage throughout the entire term of the lease agreement. Tenant is required to furnish Landlord evidence of the required insurance prior to occupancy, at the time of each lease renewal period, and upon request.

To satisfy the insurance requirement, Resident may either (1) be automatically enrolled into a policy that satisfies the coverage requirements as part of the Resident Kit Benefits Package; or (2) obtain alternative liability coverage from an insurer of Resident’s choice. The option Resident chooses will not affect whether Resident’s lease application is approved or the terms of Resident’s Lease.

Option 1: Do nothing. Tenant will be automatically enrolled into an insurance policy as part of the Resident Kit Benefits Package. No further action is required. Coverage will begin on the effective date of Resident’s lease and continue throughout the lease term. Please refer to the evidence of insurance that is supplied by Five Star Property Management for additional coverage details. The Resident Benefits Package monthly rate will be adjusted by the premium amount in the policy.

Option 2: Buy a policy. If Resident prefers, Resident may find, purchase, and maintain another policy that satisfies the Landlord’s requirements. The Resident Kit Benefits Package monthly amount will be adjusted by $14. Visit https://verify.yourrenterskit.com/d28k5vgqyvghvywkdh and follow the instructions listed there to provide evidence of the required insurance coverage to your Landlord. It is Resident’s responsibility to pay premiums directly to your insurance provider. If the policy is terminated or lapses, Resident will be subsequently enrolled into the policy referenced in Option 1 above.

Please be sure that your policy meets the following criteria and submit it to https://verify.yourrenterskit.com/d28k5vgqyvghvywkdh:

• Policy is purchased from an A-rated carrier.
• Policy meets or exceeds the required $100,000 in property damage and legal liability.
• Five Star Property Management is listed as additional interest.
• Five Star Property Management address is listed as: 345 W Bearcat Drive, Suite A, South Salt Lake, Utah 84115.