Many renters are under the impression that their landlord’s insurance policy will cover their belongings, unfortunately that generally is not the case. Your landlord’s policy covers the building itself, but it may not include your personal belongings, and may not cover injuries sustained within the structure. That’s where renters insurance comes in.
Renters insurance protects your personal property in a rented apartment, condo or home from unexpected circumstances such as theft, a fire or sewer backup damage – and will pay you for lost or damaged possessions. It can also help protect you from liability if someone is injured on your property.
Renters insurance is similar in scope to homeowners insurance, with the exception that it does not provide coverage for the dwelling itself or other structures.
- Protects personal belongings
- Covers theft, damage, and loss
- Offers liability coverage
- Affordable monthly cost
- Flexible coverage options
- Can cover temporary living expenses
- Available for renters of all types
- No deductible for personal property claims
- Easy to purchase and manage
- No need to rely on landlord's insurance
- Provides peace of mind
- Protects against unexpected events
- Helps cover expenses in case of natural disasters
- Offers coverage for all rental properties
- Provides coverage for roommates
- Protects personal items while traveling
- Protects against lawsuits
- Easy claims process
- Can be customized to fit individual needs
- Can help maintain good credit by protecting against unpaid rent.
