Renters Insurance

Why Do I Need Renters Insurance?

All too often, life is defined by the unexpected—especially if you live in a rental property. What are your neighbors doing upstairs? What was that loud BANG! From the next-door apartment? You can't control or predict what neighbors do. Fires or other kinds of disasters can strike anyone at anytime. And sometimes even the most stringent precautions won't prevent you from being targeted by vandals and/or thieves.

That's why renter insurance is critical to protecting your belongings. Your landlords insurance does not cover your personal belongings.

A man and woman sitting on the couch looking at an ipad.
A yellow lock on top of a pink and green shield.
A large swimming pool with many buildings in the background.

Renters Insurance Coverage

Your Stuff Might Be Worth More Than You Think
Because you're a renter and not a homeowner, you might believe you don't need renters insurance; you simply don't have enough assets—or so you believe. For most people, this simply isn't true. Unfortunately, many renters simply don't realize how much they stand to lose.

What Does Renters Insurance Cover?

A good renters' insurance policy will protect most, if not all, of your valuables. Proper renters coverage will reimburse you for losses incurred from unexpected disasters. Those monies make it easier to recover and get back to life as normal.

A renters' insurance policy protects you from fires, wind and hailstorms, lightning, theft, and other unanticipated mishaps, including aircraft and motor-vehicle accidents—even riots.

What is Excluded From My Insurance Policy?

Like other insurance policy types, renters insurance also excludes coverage for specific event types:

  • Floods
  • Earthquakes and mudslides
  • Settling
  • Natural deterioration and neglect
  • Bird, rodent, insect, and domesticated animal damage
A man and woman looking at a phone.