Tenant Insurance: Protection for Renters
What Is Tenant Insurance?
Tenant insurance protects your belongings and liability when you rent an apartment, house, or condo.
It doesn’t cover the building itself—but it covers what’s inside and your legal responsibilities.
What Types of Rentals Can Tenants Get Insurance For?
We cover all types of rental situations, including:
Apartments, basement suites, and condos
Detached and semi-detached rental homes
Student housing or shared accommodations (roommate policies available)
Long-term and short-term leases
How Much Does Renters Insurance Cost?
Tenant insurance is one of the most affordable types of coverage—usually between $15–$30 per month. Your cost depends on:
The value of your belongings
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The value of your belongings
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Coverage options selected
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Claims history or credit score (with consent)
How Much Does Renters Insurance Cover?
You choose your coverage limits, but standard policies often include:
$30,000–$50,000 for contents
$1–2 million in personal liability
$5,000+ for additional living expenses
Higher limits or special items can be added.
What Is Needed for a Renters Insurance Quote?
Getting a quote is easy. You’ll typically need:
Rental address
Approximate value of contents
Preferred liability limit
Any special items to insure
What Types of Tenant Insurance Exist?
We offer:
Comprehensive policies (all risks except listed exclusions)
Named perils policies (only covers listed risks—often cheaper)
Roommate options and optional identity theft coverage
What Does Renters Insurance Cover?
Coverage usually includes:
Theft, fire, smoke, vandalism
Water damage (burst pipes, accidental overflow)
Liability if someone gets injured in your unit
Hotel/living expenses if your unit is temporarily unlivable
Tenant Liability Coverage
Tenant liability coverage protects you if:
- Someone gets hurt in your unit
- You cause damage to the building or other units (e.g., kitchen fire, water overflow)
- Legal fees are incurred from lawsuits related to property damage or injury
Start Your Tenant Insurance Quote
Make sure you are covered from liabilities in your rental.