What Does Renters Insurance Protect? 
Renters insurance will provide protection for your personal property , personal liability , and loss of use up to the policy levels possibly subject to a policy deductible . If you have renters insurance and your rented premise is damaged by fire , smoke , or lightning -LRB- to name some of the covered perils -RRB- . Remember every policy is different . Please read your policy completely to understand the coverage provided and any exclusions that there may be or contact your local agent to have them go over the policy with you . 