Renters Insurance

Renters insurance protects your personal belongings and provides liability coverage if you rent a house, apartment, or condo that you do not own.

Renters insurance is similar to homeowners insurance. It covers many of the same things like fire and theft, but it’s much cheaper because it only includes what’s inside your home and not the structure itself.

Why you need Renters insurance?

Some landlords require proof of renters insurance before you sign a lease, or within a certain time period.

Rather than paying out of pocket to replace everything that might be damaged or stolen—jewelry, TVs, computers, furniture, clothing, and so on—renters insurance can be a smart (and surprisingly affordable) investment. In addition to not paying living expenses while the structure is being repaired, a landlord's insurance policy won't pay either. Renters insurance typically does.