What Is Renters Insurance And How Much Does It Cost? 
Renter 's insurance is an insurance coverage policy type that protects you from certain perils when leasing orrentinganother person 's property . You would purchase this coverage to reduce the risk of experiencing a large monetary loss , such as what you would encounter if you have to pay out large sums of money to another party for damages , injuries , or losses . Please call a local agent to discuss coverage availability and pricing within your geographic location . 