Is the Foxen Waiver the same as a Renters Insurance Policy?

No, the Foxen Waiver is not a Renters Insurance Policy, and no Insurance Policy is issued to enrolled Residents. The Foxen Waiver waives an enrolled Resident's obligation to reimburse the Property for damage the Resident accidentally causes to the Apartment building from fire, smoke, explosions, and water discharge and overflow. Residents should consult an insurance professional to determine their insurance needs based on their unique situations. Enrolling in the Foxen Waiver does not prohibit or otherwise restrict Residents from purchasing their own insurance.

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