Renters Insurance

Renters insurance is a type of home insurance for those who rent an apartment or house. Unfortunately, the landlord’s insurance doesn’t cover your personal property, which is why you need your own policy.

You may be surprised at just how much it would cost to replace your possessions if they were damaged or destroyed in a disaster. Renters insurance is usually very affordable and a small price to pay to safeguard your precious possessions.

If you’re looking for the best renters insurance rates, we recommend comparing quotes from different insurance companies.

Renters Insurance Coverage

Renters insurance coverage extends beyond coverage for your personal property. It also provides liability protection and guest medical coverage. The various types of coverage provided by a typical renters insurance policy are detailed below:

• Personal Property Coverage

  Personal property coverage is the core component of any renters insurance policy. It covers your personal possessions against loss or damage. It is common for a standard renters policy to limit coverage for individual items that are of high value, such as jewelry, furs, camera equipment, and computers. Full coverage for these items is normally available by obtaining an endorsement to your policy. This type of endorsement is easy to obtain at any time, so if you don’t have any high value items now, but anticipate acquiring one in the future, you can call your agent and have it added to your policy then.

• Liability Coverage

  Liability coverage provides protection against lawsuits arising from injury or property damage for which you have legal responsibility. It pays for your defense in court, court awards, and settlements up to your policy limit.

• Guest Medical Coverage

  Guest medical coverage pays for the medical expenses of guests if they are accidentally injured in your home. For example, if your friend slips over in your kitchen and breaks her leg, her medical costs would be covered up to your policy limit.

• Additional Living Expenses Coverage

  Additional living expenses coverage is designed to pay for your living expenses in the event you are temporarily unable to live your home if it is damaged.

Renters do not need coverage for the building itself (this is normally the responsibility of the landlord), therefore the cost of renters insurance is much lower than the cost of homeowners insurance.

Renters Insurance Quotes

By shopping around and reviewing several different renters insurance quotes you can be assured of getting a good rate. We can help you do that right here. Just complete the easy online form, starting above with your zip code, and we will source no-obligation renters insurance quotes for you to compare. All quotes are free and it only takes a few minutes of your time.

When comparing quotes, don’t just look at the price – be sure to review the coverage provided by each policy. Some policies may provide additional benefits or differing levels of protection which may be better suited to your needs.