Is renters insurance required at Exhibit On Superior?

The $300,000 minimum liability-to-landlord coverage protects against damage you could be responsible for; personal-property coverage is a separate choice you can add.

Confirm the exact policy details and any interested-party requirements with the leasing office.

When you need the policy in place

Proof of renters insurance is part of the qualification and screening review, so line it up alongside your government-issued photo ID as you apply. Coverage must be active per the lease, which means it should be ready by move-in rather than added afterward.

Approval through the AppFolio leasing system typically takes one to three business days, and having insurance confirmed early helps keep the review on the faster end of that window.

What the requirement does and does not cover

The $300,000 liability-to-landlord minimum is about damage to the building that you could be responsible for; it is not the same as insuring your own belongings. Adding personal-property coverage is optional but protects your furniture and electronics, which matter here because apartments are offered unfurnished.

The building may ask to be listed a specific way on the policy, and interested-party requirements can vary. Confirm how the property should appear by contacting the leasing team at exhibit@highlandptrs.com or 312-450-0635.

How insurance fits your move-in budget

Renters insurance is a recurring cost separate from rent, and it sits alongside the monthly Utility & Service Amenity fee of $95 to $195 by floor plan and electricity billed directly by ComEd. Because there is no security deposit, the required one-time charges at move-in are the $60 application fee per applicant and the $500 non-refundable administration fee per apartment.

Lining up the policy as part of your overall move-in plan avoids a last-minute scramble, since coverage must be active per the lease before you take possession.