Renters need their own policy, too.

Renters Insurance to Protect Your Property and More

Just as with home ownership, you have an interest in protecting your home and the things inside. In the case of a fire or other loss, you’ll need coverage for all of your personal possessions. If someone gets injured inside your home, you also need coverage. The insurance that your landlord carries will not cover you.

Renter’s insurance offers coverage similar to Homeowners and Condo policies, and is reasonably priced.

What’s Covered Under a Renters Policy?

Coverages available in a Renter’s Policy are:

  • Personal Property coverage will help pay to replace your belongings after a covered incident in your home, such as a fire or burglary.
  • Loss of Use coverage pays for place to stay, among other things, up to a certain limit if you have to move because of a covered loss.
  • Liability coverage pays for legal costs and liability up to the policy limits if you are found responsible for an injury in your premises.
  • Valuable Items coverage can be added to provided additional coverage if you have a rare coin collection, expensive watches, jewelry, furs, or other valuables.

This description of coverage is not an insurance contract. Your policy is the contract that specifies and fully describes your coverage. Conditions and exclusions will apply. Not all coverage described is available in all states.