Renters Insurance no longer included in PPV Housing Leases
WASHINGTON (NNS) -- In accordance with NAVADMIN 198/17, renters insurance will no longer be provided by Public Private Venture (PPV) partners as part of their housing rental agreements.
The change will be implemented within six months following the NAVADMIN release so that Sailors will have enough time to obtain the best renters insurance plan that fit their needs, should they choose to do so.
All Sailors are encouraged to obtain renters insurance, however, regardless of where they choose to live.
"This change will provide equality among all Sailors - those renting on the economy and within PPV housing," said Navy Installations Command Housing Director Greg Wright.
Sailors in existing PPV leases will continue to be covered by the renters insurance provided by PPV partners until the expiration of their current leases.
Naval Facilities Engineering Command, the executing agent for PPV business agreements, is coordinating with PPV partners to amend the business agreements and remove the automatic inclusion of renters insurance in future PPV leases.
Sailors who have questions should contact their Housing Service Center (HSC) representatives.
For more news from Commander, Navy Installations Command, visit www.navy.mil/local/cni/.
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