Renters Insurance

Understanding the basic components of Renters Insurance will help you determine the best coverage for your situation.

Personal Property
With the exception of your automobile, this provides protection for everything you own. Consider all of the contents of your rental unit to ensure proper coverage. Remember, computers and other expensive electronic equipment - or jewelry, fine art or other valuables - may need to be listed separately to ensure protection in the event of a loss.

Liability
If someone outside your household is injured on your property, or should you become responsible for injuries to someone away from your property, this provides coverage for bodily injuries. Increased liability protection is available through Umbrella liability protection.

Factors affecting renters insurance costs:

  • Type of construction
  • Location
  • Age of building
  • Number of units
  • Amount of deductible

Reduce renters insurance costs with:

  • Doorman
  • Central alarm system
  • Smoke alarms
  • Sprinklers
  • Higher deductibles