What does renters insurance cover?
More than you’d think. In the simplest form, the following and much more:
- Your belongings (interior contents upto to the policy limit)
- Personal Liability to protect your place & your guests from mishaps
- Hotel expenses (if you need a place to stay)
Maintain belongings that matter most
Your landlord’s insurance likely only covers the property and not your stuff. But renters insurance covers it all from clothes and furniture to electronics and more. You're reimbursed for what they cost to buy new, not their depreciated value.
Make things better after a mishap
The people who are hurt, if an accident happens, get the care they need; damage you cause is repaired. You pay a portion of the repair and medical bills, and your renters insurance policy covers the rest.
Have a place to stay if you need it
Spend a few nights in a local hotel if you can’t stay home while covered damage is repaired. You’re reimbursed for your stay and any meals.