Is Renters Insurance The Same As Personal Property Insurance? 
Renters insurance does indeed cover your personal property . However , there are many other components of a renter 's policy . For example , in the event of a covered claim -LRB- fire or tornado are two common ones -RRB- , your living expenses away from your house or apartment will be covered -LRB- subject to policy limits -RRB- . So , semantically , they are nearly the same , but there are differences in the specific benefits . 