Fire Insurance (Kasaihoken): The Importance of Fire Insurance in Japanese Rental Contracts

Fire Insurance (火災保険, Kasaihoken) is a type of insurance required in Japanese rental contracts to protect against fire damage and other natural disasters. Tenants are generally required to have fire insurance when renting a property to cover potential damages caused by fire, water leaks, or other incidents. This insurance is essential for both the tenant's protection and to minimize any potential liability for the landlord or neighboring residents in case of an accident or disaster. It is a standard requirement in most rental agreements in Japan.

History:

The inclusion of fire insurance in Japanese rental contracts became widespread due to the history of devastating fires and natural disasters that have affected the country. In particular, urban areas are at a higher risk of fires and earthquakes, which prompted the need for insurance coverage to protect both landlords and tenants. Today, fire insurance is a standard requirement in most rental agreements, with tenants typically responsible for paying the insurance premiums. This system ensures that both parties are protected in case of any damage or accidents.