Your landlord's policy doesn't cover your stuff
The building owner's insurance covers the building. Your furniture, electronics, clothes and bikes are on you. Renters insurance pays to replace them after a fire, theft, burst pipe and other covered losses.
It covers more than belongings
- Liability: if a guest is hurt in your home or you accidentally damage someone else's property.
- Loss of use: hotel and extra living costs if a covered loss forces you out.
- Your things away from home, like a laptop stolen from your car.
Many leases now require renters insurance with a minimum liability limit. We can list your landlord as an interested party so they get proof automatically.
What it costs
Renters insurance is usually one of the least expensive policies you can buy, and adding it to your auto policy often earns a multi-policy discount that offsets much of the price.
Have this ready
- Your address and move-in date.
- A rough value of your belongings.
- Your landlord's name if your lease requires proof.