Renters Insurance
Protect What You Own—Even If You Rent
Just because you don’t own the building doesn’t mean your belongings aren’t valuable.
Renters insurance covers your personal property, liability, and temporary living expenses if your rental is damaged or you’re held responsible for an accident. It’s an affordable way to
protect your space, your stuff & your peace of mind.
Renters insurance protects your belongings from theft, fire, and certain types of water damage.
It also includes liability coverage if someone is injured in your rental or you cause property damage.
Many landlords now require renters insurance as a condition of the lease agreement.
Policies are typically very affordable and can often be bundled with auto or other coverage.
What’s Covered by Renters Insurance
Renters insurance typically includes three key areas:
personal property, liability protection & loss of use. Personal property coverage helps pay to replace items like furniture, electronics, and clothing if they’re damaged or stolen. Liability coverage protects you if someone gets hurt in your home or if you accidentally damage someone else’s property.
Loss of use coverage reimburses you for additional living expenses if your rental becomes uninhabitable due to a covered event—like a fire or burst pipe. It can help cover hotel bills, meals & more while you’re displaced.
Optional coverage is also available for
high-value items like jewelry, electronics, or collectibles. We'll help you assess your needs so you're fully covered without overpaying
$20
The average renters insurance policy costs less than $20/month
Source: National Association of Insurance Commissioners
57%
Only 57% of renters carry insurance, despite affordable rates
Source: Insurance Information Institute
45%
Over 45% of renters insurance claims are due to fire & smoke damage
Source: Insurance Information Institute
Frequently Asked Questions
Your Questions About Renters Insurance
If you rent your home, here’s what you need to know about protecting your space:
What does renters insurance cover?
It covers personal property loss, liability, and additional living expenses. If your belongings are stolen or destroyed in a fire, you’ll be reimbursed based on your policy limits. It also protects you financially if someone sues you for an injury that occurred in your rental.
Do I need renters insurance if my landlord has insurance?
Yes. Your landlord’s policy only covers the building—not your belongings or personal liability. Without your own policy, you’re on the hook for replacing your items or paying legal fees if something goes wrong.
How much renters insurance do I need?
That depends on how much stuff you own and the risks you want to cover. We’ll help you estimate the value of your belongings and find the right level of coverage, with options for add-ons if you own high-value items.
Is renters insurance expensive?
Not at all. Most renters pay between $15–$25 per month. For the price of a couple takeout meals, you can protect thousands of dollars’ worth of personal property and have liability coverage in place.
What’s not covered by renters insurance?
Floods, earthquakes, and some types of water damage may be excluded unless added by endorsement. Policies also won’t cover wear and tear or damage caused by pests. It’s important to understand exactly what your policy does—and doesn’t—protect.
