Your rental is not just a place of residence, it is your home that contains many of your precious assets that are worth protecting.
You should not rely on your landlord's insurance policy, as it may not provide coverage in certain instances such as theft, vandalism, and other disasters.
However, a comprehensive Renters Insurance policy will protect you and your possessions in case of fire, robbery or other covered peril.
Your Renters Insurance coverage may include reimbursed living expenses, which means that it will pay for your increased living costs if a covered loss makes your home uninhabitable. That typically includes financial reimbursement for expenses such as food and a temporary place to live.
The loss of your clothing, furniture, laptop and other electronics will be covered by policy that includes Personal Property coverage. For your high-priced belongings, it might be best to opt for Scheduled Personal Property coverage to help cover an expensive piece of jewelry, your collection of audio equipment or other particularly expensive items.
This policy also provides liability protection in case someone is injured on your premises.