Renters Policy

If you’re renting an apartment, condo, or home, you’ll need to protect yourself and your personal belongings. Even though you don’t own the space, you still face many risks, like theft, fire, or storm damage.

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    Please note: Coverage cannot be bound or altered online. A service representative will need to contact you to finalize your request.

    Why Get Renters Insurance?

    As a renter, your landlord insures the physical structure of your apartment, condo or home. But that doesn’t protect your belongings inside the rental. If you rent from a homeowner, your belongings won’t be covered under their landlord insurance policy. That’s why renters insurance is important to have, so you can fix or replace your belongings if they get damaged from a covered loss, like: fire and smoke damage, theft or burglary, and/or vandalism.

    It’s important to know what kind of damage and events your renters insurance policy covers. Your policy will tell you what’s excluded from coverage. If you need additional coverage, you can get a special personal property coverage endorsement. This will slightly increase your premium, but it extends your protection to include losses not typically covered in a standard renters insurance policy.

    What Does Renters Insurance Cover?

    Renters insurance coverage can help you in several ways. Your standard policy includes different types of coverage, such as:

    Replacement Protection

    Replacement protection replaces your covered possessions with new items of equal quality, regardless of their age or condition.

    Built-In Improvements

    Your policy covers any built-in improvements you’ve made to your rental, such as bookshelves or wallpaper, for up to 10% of your personal property coverage. So, if you have $15,000 in personal property coverage, your policy could cover up to $1,500 in damages to your built-in improvements.

    Living Expenses

    If a covered loss prevents you from living in your rental, your insurance policy can help cover your living expenses, such as hotel fees or food costs. Your renters insurance covers these expenses up to an additional 20% of your personal property coverage. For example, your $15,000 policy can cover up to $3,000 of living expenses.

    Liability Claims

    If you’re legally liable for the accidental death or injury of another person at your rental, your renters insurance has liability coverage, which may help pay for costs up to your policy limit. Even if you’re not legally responsible, your insurance policy can help pay for your defense costs.

    Medical Payments

    Your renters insurance can help pay for someone’s medical bills if they get hurt in your rental. This coverage applies no matter who’s at fault.

    Property Damage

    If you or a family member damage someone else’s property, your renters insurance can cover up to $1,000 to fix or replace it.