Renters Insurance for your Belongings, Liability, and Property Damage to Others

Practical Coverage for Renters and Tenants —
Simple. Quick. Easy.

You’ve heard it said – “be responsible for your things” – and that’s precisely where a renter’s policy comes in! Renters Insurance is an affordable way at the time of a loss to protect yourself from the unwanted cost of replacing personal items on your own, with money from your own pocket. Having a renters policy in place will allow you to get replacements for your things if something terrible were to happen.

In case you’re not aware of this, when you rent an apartment or a house your landlord or apartment complex owner is only responsible for the building itself. Picture yourself standing at the doorway, looking into the home or apartment – this is where your responsibility begins. Everything you carry into the kitchen, living room, bedroom, bathroom, etc., and anything you store in your garage or basement that belongs to you, that’s everything you’ll want to cover with a renters policy.

When the unthinkable happens, what’s covered?

• Personal property such as furniture, clothing, and appliances
• Loss of use for the cost of extra living expenses like food and housing
• Personal liability if you’re liable for others’ bodily injuries or property damages

Understand Your Living Needs

A friend shared a story with me about one of the toughest days of his life. He’s a landlord who got a call in the middle of the night from one of his tenants, and the tenant frantically told him his house was on fire. The landlord jumped into his car and hurried over to assess the damage. The first question his tenant asked when he arrived was, “How quickly will you replace our stuff?” With a fresh lump in his throat, my friend replied, “I’m so sorry, but I don’t own your things, which means I can’t insure your things, which means I can’t replace your things.” He was heartbroken for his tenants, but this is the reality we want every renter to understand.

Your landlord’s insurance is responsible
for rebuilding the house he owns, but
NOT for replacing the contents of
any tenants who rent from him.

To have an insurable interest, you must own the property. Landlords and apartment complexes own the building, so that’s what their insurance covers. This means it’s absolutely essential to make sure you have a renter’s policy in place to adequately cover your personal items should you ever experience a loss.

Keep in mind, every rental agreement is unique. This means there are different coverage options available for different situations. We can guide you through easy-to-understand information about which plan is best suited for you, including personal property replacement cost coverage; identity theft coverage; back-up of sewers and drains coverage; personal computer coverage; and additional coverage for your more high-value items.