Protect your belongings, liability, and peace of mind while renting your home or apartment.
Tenant Insurance
Why Tenant Insurance Matters
Tenant insurance helps protect renters from unexpected costs related to damage, liability claims, theft, fire, or temporary displacement. Many landlords also require proof of insurance as part of the lease agreement.
Did You Know?
As a tenant, you may be financially responsible for:
- Damage caused to the building
- Injuries to guests
- Fire or water damage
- Replacing personal belongings
Why You May Need Coverage
Accidental Damage
If an appliance or electrical issue causes damage to your unit or building, you could be held responsible for repair costs.
Personal Liability
If someone is injured in your rental unit, liability coverage may help cover legal or medical expenses.
Protect Your Belongings
Furniture, electronics, clothing, and household items can be expensive to replace after theft, fire, or water damage.
What Tenant Insurance Typically Covers
Liability Coverage
Standard tenant policies often include liability protection starting at $1 million, with options to increase limits. This coverage may help pay legal expenses and damages if you are found responsible for injury or property damage.
Additional Living Expenses
If a covered loss makes your rental temporarily unlivable, your policy may help cover hotel stays, meals, moving costs, and other necessary temporary expenses.
Contents Coverage
Contents insurance helps repair or replace personal belongings such as clothing, electronics, furniture, and household items damaged by covered events.
Certain valuables and specialty items may have coverage limits or exclusions.
All Risks Coverage
Covers your belongings against most risks except those specifically excluded in the policy.
Named Perils Coverage
Provides protection only for risks specifically listed in the policy wording.
Understanding Claim Settlements
Replacement Cost
Pays the cost to replace damaged items with new equivalents of similar quality.
Actual Cash Value
Pays the current depreciated value of belongings based on age and condition.
What Affects the Cost of Tenant Insurance?
Your Location
Insurance rates can vary depending on where the building is located.
Coverage Amount
Higher coverage limits typically increase premiums.
Building Type
Construction materials and building age can affect risk.
Claims History
Previous insurance claims may impact pricing.
Coverage Options
All-risk coverage may cost more than named perils.
Insurance Provider
Pricing and discounts vary between insurers.
Get the Right Coverage for Your Rental
We can help you compare tenant insurance options and find coverage that fits your needs and budget.