Renters Insurance

Your landlord may have an insurance policy, but if disaster strikes your building, that policy may not cover your possessions. Get a quote to see how affordable it is to protect your personal belongings. 

Your House is Your Home. Even When You’re Renting.

Why did you choose to rent? Maybe you just moved to a new city or maybe you’re saving money before you purchase your first home?

Whatever the reason, it’s important that you find renter’s insurance to ensure your personal belongings and possessions are protected. Renter’s insurance is designed to protect these assets through property coverage, renters liability coverage, and medical payments coverage. 

While not required by law, your landlord can require this insurance type within the lease agreement, so it’s important you’re informed on what’s covered and some typical situations where this insurance type might come into play. 

What Is Covered

Personal Property Damage

If your personal property is damaged in a covered peril, your renters insurance will cover the cost of the damage up to your policy’s limits. A covered peril is a damaging event named in your policy (or not specifically excluded from coverage) such as fire, wind or theft.

Personal Liability

If someone is injured, or their property is damaged, and you are blamed for the event, your policy will cover liability costs, including the costs of your legal defense. A standard policy includes up to $100,000 in liability coverage.

Additional Living Expenses

If your rental home or apartment becomes uninhabitable as a result of a covered peril, your renters insurance policy will pay expenses above and beyond your normal living expenses. This is sometimes called loss of use coverage.

Medical Payments

Limited coverage for medical costs if a guest is injured on your property.

What Is Not Covered

  • Natural Disasters
  • Property Damage Caused by Pests
  • Roommate’s Property
  • Car Theft or Damage

Some Typical Situations

Risk:

You lit a few candles in your apartment and unintentionally set a small fire that destroyed your dresser and all of your clothes. Renter’s insurance will help with the cost of those repairs. 

Coverage:

This will cover your personal property damaged by the fire including a side table, shelves, couch, etc.

Risk:

You are having a few people over and one of your guests trips over an uneven wooden floor beam on your deck. The injury is going to require medical assistance. 

Coverage:

Medical payments coverage within your renter’s insurance is going to be of assistance in this situation.

Risk:

Did you decide to set out a cute dog statue on your porch when you first moved into your rental? When your neighbor was passing by, they tripped over it and hurt their elbow, and they’ve decided to sue. 

Coverage:

In this case, renter’s liability coverage is going to be helpful to you. This covers you when someone is injured outside of your household. 

Risk:

Your dishwasher overflows and floods your kitchen. You’re forced to move out while the repairs are happening. 

Coverage:

Additional living expenses coverage will help cover those extra expenses while you’re having to pay for another place to stay. 

Renter’s insurance keeps you covered when it matters most. Request a quote today to see how we can help you be protected!