Is Homeowners Insurance The Same As Renters Insurance? 
In theory they are the same , but in practice they are slightly different . Homeowners insurance is designed for the person who owns the home and has an insurable interest in the actual structure of the home as well as the contents , because they primarily live there year round . Renters insurance is for the person who owns the contents , but has no insurable interest in the actual structure itself . Both of them are considered property policies , meaning that they cover real property and provide reimbursement for losses . They both also cover liability , or payment for actions that may occur at the residence . 