Protect your belongings and liability while renting
Renters insurance is designed to protect your personal belongings and provide liability coverage if you rent a home or apartment. While your landlord’s insurance covers the building itself, renters insurance covers your stuff and helps safeguard you from unexpected financial losses.
What does renters insurance cover?
Renters insurance typically includes:
- Protection for personal belongings such as furniture, electronics, clothing, and valuables against risks like fire, theft, vandalism, and certain weather events
- Liability coverage if someone is injured in your rental or if you accidentally cause damage to others’ property
- Additional living expenses if your rental becomes uninhabitable due to a covered loss, helping cover temporary housing and related costs
How does renters insurance work?
You pay a monthly or annual premium for your policy. If your belongings are damaged or stolen, or if you face a liability claim, you file a claim with your insurer. After reviewing the claim, your insurance company helps cover repairs, replacements, or legal costs up to your policy limits, minus your deductible.
Why renters insurance matters
Even if you don’t own your home, you own your possessions. Without renters insurance, you would be responsible for replacing everything if it’s lost or damaged. Liability coverage protects you from costly lawsuits that could arise from accidents or injuries in your rental.
Who needs renters insurance?
Anyone who rents an apartment, house, or condo can benefit from renters insurance. It is often required by landlords but even if it’s not, it’s a smart and affordable way to protect yourself and your belongings.