If you’re renting a house, condo, or apartment, you may not own real estate, but you do have possessions that you value and have worked hard to attain. You should protect these belongings by purchasing a renters insurance policy.
Renters Insurance can provide coverage for:
What you don’t know can hurt you. Many renters don’t know that their landlord’s homeowners policy covers only damage to the structure of the dwelling. The landlord’s insurance policy does not cover any of the tenant’s contents. If you are living in a rental that becomes flooded or damaged by fire, without renters insurance, you will be out of luck. Most renters insurance policies tend to be relatively inexpensive. If you’re a tenant, you need renters insurance to protect your valuables.