The U.S. Naval Administration announced in August that sailors will have to pay for their own renters insurance after the new year, if renting from a Public Private Venture, or PPV, partner.
“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.
The change will be implemented within six months of the NAVADMIN release, so sailors will have time to obtain the best renters insurance plan that fits their needs. Sailors in existing PPV leases will continue to be covered by the renters insurance provided by PPV partners until their current lease expires.
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 with questions should contact their local Housing Service Center, or HSC, representatives.