How well do you trust your neighbors? Get a quote for renter’s insurance today! In the event of a loss at your apartment or rental home, renter’s insurance will cover your belongings and provide temporary housing, if needed. Not only do many landlords require it; it is also affordable, at just a few dollars a month.
Renters insurance (also known as Tenant insurance) is coverage provided to a person renting a dwelling owned another person or a business. A renters policy is known as an HO4. Tenant and Renters insurance covers your personal property, liability, medical expense of guests and loss of use.
The amount of premium for renters insurance is determined by factors such as claims history, characteristics of the insured, characteristics of the dwelling and the desired amount of coverage.
It is not required to have renters insurance according to state law. It may be required to have renters insurance by your landlord.
Most apartments are requiring renters insurance, it is becoming a common requirement for renters to purchase renters insurance.
The amount of premium for renters insurance is determined by factors such as claims history, characteristics of the insured, characteristics of the dwelling and the desired amount of coverage.