If you are considering renting at Lakeshore Apartments, be warned about a predatory and impossible insurance trap hidden in their lease. The landlord, Lake Whitney LLC, forces a requirement through their management company, Levey Miller Maretz, that will leave you scrambling and unprotected right before your move-in date.
Lake Whitney LLC requires tenants to list them as an "Additional Insured" on personal renters insurance policies, rather than the industry-standard "Interested Party."
Major national insurance carriers--including Geico and All State--will flatly refuse to do this. Their underwriters will tell you that the landlord is attempting to force a cheap, personal renters policy to take on the massive commercial liability risk of a corporate property owner. It creates a legal conflict of interest that actively erodes your own personal coverage.
When you bring this Catch-22 to the agents at Levey Miller Maretz, they act as rigid gatekeepers for the landlord's unreasonable policy. Even when presented with direct feedback from major insurance underwriters explaining that this violates standard guidelines, Levey Miller Maretz stonewalls you. They refuse to accept "Interested Party" status, forcing you to drop your preferred insurance carrier just to satisfy Lake Whitney LLC's absurd demands.
Lake Whitney LLC and Levey Miller Maretz are perfectly fine with strong-arming tenants into compromising their own personal liability protection just to shield the landlord's commercial risk. If they are this inflexible and unreasonable before you even get the keys, imagine what it is like when you actually live there. Rent elsewhere. read more