How Long Does Renters Insurance Last? 
Like many other residential property policies these dayssuch as Homeowners or Condominium Unit Owners ' , Renters Insurance policies are generally issued on an annual basis . Policies like this are commonly referred to as `` continuous renewal '' contracts meaning that so long as premiums are paid and the insured continues to meet a company 's underwriting standards and guidelines , the policy will be continuously offered to the insured at each annual renewal date . 