Protect Your Future Today

Being a renter comes with some great perks—no property taxes and usually little to no yard maintenance. Life’s a little simpler! But have you ever thought about what would happen if you were ever affected by a fire or water disaster, or realize there’s been a break-in and your valuable things have been taken?

It’s easy to assume your building owner’s insurance will take care of everything. The truth is, their insurance usually only covers the building itself, not what’s inside your apartment. All your furniture, electronics, appliances, clothing, and jewelry are your responsibility to protect.

Imagine replacing your bedroom set, your wardrobe, or your computer—those costs add up quickly! Even if you feel like your stuff isn’t worth much, replacing it from scratch can be surprisingly expensive.

Here’s some good news: renters insurance is much more affordable than you might expect. Not only does it cover your belongings, but it also protects you if someone gets hurt in your apartment and you’re held responsible. If you’re ever sued and things don’t go your way, your renters insurance can help, up to your policy’s limits.

So, do you need renters insurance? You’re not alone if you haven’t thought about it—almost two out of three renters don’t have coverage for their possessions or any liability protection.

• First, grab a calculator and add up how much it would cost to replace everything you own. You might be surprised!
• Second, double-check your lease to see if your landlord requires renters insurance.
• Third, get a renters insurance quote. You’ll probably find it’s easier on your budget than you expected, and it protects your belongings against things like theft, vandalism, fire, and more.
• Lastly, take pictures and videos throughout your entire space. If anything were to happen, this is a great way to provide proof to the insurance company.

Renters insurance can cover almost everything you own—electronic equipment, small appliances, sports gear, cameras, furniture, clothing, glassware, books, and lots more. For special items like computers, jewelry, furs, watercraft, or firearms, you can get additional coverage. Most policies include personal property protection, family liability coverage, guest medical protection, help with extra living expenses, and even temporary housing if you need it.

We really encourage all renters to take just a few minutes to add up the cost of replacing their things. If something unexpected happened—like a fire—where would you go and how would you afford to start over? With renters insurance, you’ll have peace of mind knowing everything you love is protected, and you’re covered for whatever life throws your way.