What Happens When You File A Renters Insurance Claim? 
A renter 's policy is the same as a homeowner 's policy except that it does not cover the building itself . You should have largely the same expectations from a renter 's policy as you woulda homeowner 's policy . So in the event of a covered claim you could be compensated for your physical loss of possessionsas well asextra living expenses associated with having to move afterthe claim . Renter 's policies also provide liability coverage to you and your family . This is very broad coverage that could cover anything from slip and trip exposures around the house to certain misfortunes that happen away from home as well . Talk to your broker to find out everything a renter 's policy covers and what endorsements you need . 