Renters Insurance FAQ

Talk to your insurance agent or company about the property you want to protect and the property hazards you would like to be insured from. Your agent can give you coverage policy specifics based on your state and the type of policy you want. They will answer any important questions you have.

Many insurers will reduce your premiums if you have fire or burglar alarms, fire extinguishers, sprinkler systems, and/or deadbolts on exterior doors. Some companies might also offer discounts if you have more than one policy with them. Be sure to ask about any discount you might be entitled to.

These natural disasters are not generally covered by a renter’s or homeowner’s insurance policy. Ask your insurance agent or company if your policy fully protects you or whether you need to purchase additional coverage.

Certain municipalities require that owners of select breeds of pets have insurance policies to cover damages and/or injuries caused by the animal. This liability might be covered under a standard renter’s insurance policy, but some insurance companies might require the purchase of additional coverage. Talk with your insurance agent or company about the options and how they might affect your premium costs.

Many policies do not limit protection to home-based situations. For example, items you have insured often are covered if they are stolen by someone who breaks into your car or if they are damaged while not on your property.

A renter’s insurance policy covers your property and your legal responsibility (or liability) for injuries to others and/or their property while they are on your property.

If there is damage to the building you are renting and you must live elsewhere while the building is being repaired, you will have coverage for additional living expenses incurred during the reconstruction period.

A home inventory – along with photos and proof of ownership – make it easier to file an accurate, detailed insurance claim in case your home is damaged or destroyed in a disaster. A home inventory can also help determine how much coverage you need from your renter’s insurance. Go to to download a free home inventory checklist.

  • What hazards are included in your plan and if you need a separate policy for specific circumstances
  • If your insurance plan affects your roommate(s) if any
  • How you should determine the value for your items
  • What some of the insurance terms mean or what they include
  • What optional coverage might be available to you
  • How much liability coverage is included in your plan