Renters Insurance Information
Key Benefits of Renters Insurance
- Protect Your Belongings: Covers personal items like furniture, electronics, and clothing against theft, fire, and certain water damage.
- Liability Coverage: Helps pay for legal or medical costs if someone is injured in your rental home.
- Additional Living Expenses: Covers temporary housing and food if your rental becomes uninhabitable due to a covered event.
Why It’s Important
- Landlord insurance does not protect your personal property.
- Affordable peace of mind—average cost is about $15–$25 per month.
- Required by many landlords and recommended for all renters.
What’s Covered
- Personal property (with customizable limits).
- Liability protection.
- Guest medical coverage.
- Extra living expenses during repairs.
What’s Not Covered
- Floods and earthquakes (usually need separate policies).
- Normal wear and tear or intentional damage.
How to Get Started
- Create a home inventory to estimate coverage needs.
- Choose coverage limits for property and liability.
- Request a quote—bundling with auto insurance can save money.