When and where available, these policies can pay to rebuild your house, including improvements, at today's prices, regardless of the limits of the policy. Annual automatic increases may not be enough to cover these. Premiums often run higher than market rates, but this is better than no coverage. Your landlord's insurance won't cover damage to or loss of your possessions. Also, consider special coverage like flood insurance for your belongings.
Some policies cover more than others.
Other than government flood insurance, policies vary from company to company. Policies in most areas are very affordable. Start with the company that insures your car. Discounts are often available if you carry more than one policy with a company. Consider special coverage Insurance for renters and homeowners won't cover certain types of losses.