Renters Insurance

In Japan, renters are typically required to hold 火災保険 (kasai hoken — fire insurance) as a condition of their lease. It’s not optional for most tenants. Here’s what you need to know. Why Is Insurance Required? Japanese landlords require tenants to hold fire insurance to cover: Damage to the apartment caused by fire, water leaks, and accidents Liability if your fire or water leak damages a neighbor’s property Without insurance, you personally bear the full cost of these damages — which can reach millions of yen. ...