Renter’s insurance is an insurance policy that protects your personal property and personal liability against misfortunes such as fire, theft, smoke, vandalism, injury to another person, etc.
While some renters may not see a need for renters insurance because they don’t own the home, it is important to remember the things inside of the home such as clothes, furniture, sports equipment, antiques, electronics, artwork, and more. Renter’s insurance coverage is available to protect these types of items.
Renter’s insurance also covers you legally if a guest gets hurt or damages your property while visiting your home.