Renters Insurance

What Is Renters Insurance?

Renters insurance covers your personal belongings and provides liability protection when you rent an apartment, house, or condo. While your landlord's insurance covers the building structure, it doesn't protect your possessions or provide liability coverage for you.

Why You Need Renters Insurance

• Replaces your belongings after theft, fire, or covered damage
• Protects you from liability claims if someone is injured in your rental
• Covers temporary living expenses if your rental becomes uninhabitable
• Often required by landlords before you move in
• More affordable than you might think

Common Coverages

Personal property coverage pays to replace your furniture, electronics, clothing, and other belongings. Liability coverage protects you if someone is injured in your rental or you accidentally damage someone else's property. Additional living expenses coverage pays for temporary housing if you can't stay in your rental due to covered damage. Medical payments coverage handles minor injuries to guests regardless of fault.

Does It Cover Roommates?

Typically, renters insurance only covers the policyholder and immediate family members listed on the policy. Roommates need their own separate policies to protect their belongings and get liability coverage.