What Renters Insurance Covers

Do you live in a rental apartment, duplex, condo, townhouse, dorm, or other leased property? While your landlord's insurance covers the building you live in, it is up to you to protect your personal property. For a very reasonable price, renters insurance covers your personal property, and will even reimburse you for reasonable living expenses if you are displaced as a result of a covered event – like a fire. Plus, if someone has an injury while at your home and consequently sues you, renters insurance can help protect your assets.

Protect your personal property

With renters insurance, your personal property can be insured for losses due to a variety of reasons, including:

• Forced-entry theft
• Fire
• Smoke
• Vandalism
• Windstorm
• Lightning
• Earthquake (optional and available in California only)

What renters insurance covers

Renters insurance covers items that are found in an "average" home, such as your TV, stereo, computer, or clothing. Depending on the policy, renters insurance can also provide:

• Personal property replacement, which pays for the cost to repair or replace most covered items without deduction for depreciation (up to the policy limits)
• Coverage up to $25,000 for personal liability claims made against you for bodily injury or property damage to which coverage applies
• Coverage for guest medical benefits, additional emergency living expenses, and credit card protection (within policy limits)
• Coverage of the personal property in your car, garage, or storage unit. For example, if your computer is stolen from your car, the loss would likely be covered by your renters insurance.

More about renters insurance.
Need more information? Read our frequently asked questions.