What Does Renters Insurance Cover?

Find out how renters coverage works.

renters insurance coverage items
Renters insurance protects you from losing everything in cases of theft or damage by things like fire, smoke, severe storms, vandalism, or water damage not caused by a flood. But it's important to understand the difference between what your policy might cover, and what it won't cover. Here's a rundown of some of the most common issues you could face and whether or not you would be protected if you have renters insurance.

Personal Property Coverage

What it covers:
  • Repair or replacement of furniture, clothing, electronics, and other personal items.
  • Valuables up to a certain dollar limit.
  • Personal property stolen from your car.
What it doesn't cover:
  • Repair or replacement of personal items for reasons that are not covered.
  • Damage from floods or earthquakes.
  • Costs to repair or replace belongings over policy coverage limit.
Liability Coverage

What it covers:
  • Medical bills of a guest who's injured on your property.
  • Repairs of accidental damage to someone else's property.
  • Legal costs if you are sued for reasons that are covered.
What it doesn't cover:
  • Court costs involving reasons that are not covered.
  • Your own medical bills.
  • Amounts over your coverage limit.
Additional Living Expenses Coverage

What it covers:
  • Reimbursement for living costs if your rental property becomes uninhabitable due to a covered reason.
What it doesn't cover:
  • Reimbursement for reasons that are not covered.
  • Damage to the building's structure.