Standard renter’s policies cover only you and relatives that live with you. If your roommate is not a relative, each of you will need your own renter’s insurance policy to cover your own property and to provide you liability coverage for your own actions.

A renters insurance policy provides named perils insurance coverage for your personal belongings (personal property) such as furniture, clothes, appliances, linens, etc. This means the policy only pays when your property is damaged or destroyed by any of the ways specifically described in the policy. These usually include: Fire or lightning Windstorm or hail Explosions Riots Aircraft Vehicles Smoke Vandalism or malicious mischief Theft Falling objects Weight of ice, snow, or sleet Accidental discharge or overflow of water or steam Freezing Sudden and accidental damage from artificially generated electrical current Volcanic eruptions (but this doesn’t include earthquake or tremors) Renters insurance coverage applies to your personal property no matter where you are in the world. This means you’re covered when you are on vacation as well as at home.

You might ask yourself, "Why should I buy renters insurance?" If you live in an apartment or a rented house, renters insurance provides important coverage for you and your possessions or personal property. A standard renters insurance policy protects your personal property in many cases of theft or damage, and may pay for temporary living expenses if your rental is damaged. Renters Insurance can also provide protection for through personal liability insurance. Anyone who leases a house or apartment should consider this type of coverage.

Why do some apartments or landlord's require renters insurance? Owners of apartment complexes and homes, purchase their own insurance to cover their liability, buildings and personal property. However, these policies do not cover any of a tenant’s property or liability. By requiring tenants to have renters insurance, the apartment owner or landlord is assured the tenants will not mistakenly believe the apartment complex owner’s policy will provide coverage for a tenant’s personal property or personal liability. Every tenant or renter should strongly consider renters insurance regardless of the requirement. Renters Insurance will provide personal liability insurance protection and will provide coverage for your personal property such as furniture, clothing, bedding, linens, dishware, etc. Renters Insurance is very important coverage for both the tenant in case of a loss to their property such as fire, theft, vandalism or other named perils.  Ask an agent for more information.