Personal
Renters insurance
Covers your belongings and liability when you rent. The building's policy won't.
What it covers
The essentials, at a glance.
In practiceA fire in the building or a break-in destroys your furniture and electronics, and this replaces your belongings even though you don't own the unit.
Not coveredVehicles parked on the property are not covered by a renters policy.
In practiceA guest is injured in your apartment and holds you responsible, and personal liability covers the claim.
Not coveredInjuries to you or your own household aren't liability claims.
In practiceA fire forces you out while repairs happen, and additional-living-expense coverage pays for temporary housing.
Not coveredIt covers the extra cost above your normal rent and expenses, with time limits.
In practiceYour laptop is stolen from your place or while you are travelling, and coverage follows your belongings at home or away.
Not coveredOff-premises theft may carry a lower limit, worth confirming for pricey items.
Talk to a local broker
Affordable protection for renters, often less than you'd expect.