.Number
211354
Version
SUBSTITUTE 1
Reference
Sponsor
ALD. RAINEY AND PEREZ
Title
A substitute ordinance relating to insurance for residential rental properties.
Sections
200-53 cr
Analysis
This ordinance requires property and personal injury insurance for rental dwellings, and sets a forfeiture not less than $500 nor more than $2,000 for noncompliance.
Body
The Mayor and Common Council of the City of Milwaukee do ordain as follows:
Part 1. Section 200-53 of the code is created to read:
200-53. Insurance on Residential Rental Property.
1. FINDINGS. The common council finds that a tenant of a residential rental property may suffer financial harm through fire or other causes due to negligence or substandard property maintenance by a landlord. The common council finds further such a tenant may be without reasonable recourse to cure this financial harm unless the property is adequately insured against property and personal injury liability.
2. LIABILITY INSURANCE REQUIRED. A dwelling shall be covered by property and personal injury liability insurance whenever the property is subject to a rental agreement. The terms and limits of this insurance shall be set at reasonable levels by the commissioner. The party providing coverage shall be a reputable insurance provider in good standing with the Wisconsin office of the commissioner of insurance.
3. PENALTY. Any property owner, or entity functioning as a trustee of an owner, that fails to insure a dwelling under this section shall, upon conviction, forfeit not less than $500 nor more than $2,000, together with the cost of the action, and in default of payment thereof, may be imprisoned as provided by law.
LRB
APPROVED AS TO FORM
____________________________
Legislative Reference Bureau
Date: ______________________
Attorney
IT IS OUR OPINION THAT THE ORDINANCE
IS LEGAL AND ENFORCEABLE
____________________________
Office of the City Attorney
Date: ______________________
Requestor
Drafter
LRB 177137 - 2
Aaron Cadle
January 7, 2022