Renters Insurance
Affordable protection for your personal belongings and liability coverage for renters and apartment dwellers.
What is Renters Insurance?
Renters insurance protects your personal property and provides liability coverage if you rent an apartment, house, or condo. Your landlord's insurance only covers the building—not your belongings.
Important: Your landlord's insurance does NOT cover your personal belongings or liability. You need your own policy.
What Does Renters Insurance Cover?
Personal Property
Covers your belongings if damaged or stolen due to fire, theft, vandalism, water damage (burst pipes), windstorm, and other covered perils.
Includes: furniture, electronics, clothing, appliances, jewelry (limits apply)
Liability Protection
Covers legal fees and damages if someone is injured in your rental or you accidentally damage someone else's property.
Typical coverage: $100,000-$500,000
Additional Living Expenses
Pays for hotel, meals, and other expenses if your rental becomes uninhabitable due to a covered loss.
Typical coverage: 20-30% of personal property limit
Medical Payments
Covers medical expenses for guests injured in your rental, regardless of fault.
Typical coverage: $1,000-$5,000 per person
Why You Need Renters Insurance
Protects Your Belongings
Replace $20,000+ in belongings after theft or fire
Liability Coverage
Protects you from lawsuits
Required by Landlords
Many landlords now require renters insurance
Very Affordable
Only $15-30/month for most renters
How Much Coverage Do You Need?
Calculate Your Personal Property Value
Add up the replacement cost of:
Electronics
TV, computer, phone: $3,000-5,000
Furniture
Sofa, bed, table: $5,000-10,000
Clothing
Wardrobe: $2,000-5,000
Other Items
Kitchen, decor, etc: $3,000-5,000
Typical recommendation: $20,000-$40,000 in personal property coverage
Replacement Cost vs. Actual Cash Value
Replacement Cost (Recommended)
Pays to replace items with new ones of similar quality.
Slightly higher premium, full replacement value
Actual Cash Value
Pays replacement cost minus depreciation.
Lower premium, reduced payout
Average Cost
Annual Premium
$180-360/year
Just $15-30/month for most renters
What coverage level do you need?
Choose the protection that matches your requirements