What Does Renters Insurance Cover?

Many people who rent their house or apartment are under the false assumption that their landlord’s insurance will pay for the personal belongings and appliances they have purchased if some disaster occurs. The agents at the Nieroda Insurance Agency serving Saint Charles, MO area want renters to know that they need to have their own insurance policy to cover their own items since the property owner’s insurance only covers the structure in which they live.

What Does Renters Insurance Cover?

Renters insurance will cover your personal property if you rent your home. Personal property includes furniture, clothing, appliances, electronics, and other valuable items if damaged or lost due to a fire, natural disaster, vandalism, or even theft. Renters insurance is a type of insurance policy designed to protect individuals renting a property. While landlords typically have insurance to cover the structure of the building, renters insurance focuses on protecting the personal belongings and liability of the tenant. 

Renters’ insurance also offers liability protection. If someone is injured at your house or apartment, they can sue you for medical expenses and other costs that your renter’s insurance will help with.

Renters insurance can also help with additional living expenses if your home becomes unlivable due to one of the covered events listed above. It can help you cover hotel bills, meals, or even the rental of another property until your original property is repaired.

Contact Nieroda Insurance Agency

To start your renter’s insurance policy, contact the experienced and trusted agents at the Nieroda Insurance Agency serving the Saint Charles, MO area today!