The landlord’s policy covers the building. It covers nothing you own.
Contents and liability cover for tenants — cheap, routinely required by leases, and most useful for the liability half that nobody thinks about.
Tell us the situation.
A licensed human replies the same business day — not an auto-responder, and not five producers calling at once. We shop it across our carriers and tell you if the policy you already have is the right one.
We use this to quote and service your insurance, and we do not sell it or pass it to lead networks. Privacy policy.
What renters insurance businesses actually need.
Personal property
Your possessions, including away from the property.
Without it — A fire in the next unit destroys your things and the landlord owes you nothing.
Liability
Damage you cause to the building or to a neighbour, and injuries to visitors.
Without it — An overflowing bath that reaches three units below is a claim against you personally.
Loss of use
Somewhere to stay while the unit is uninhabitable.
Without it — You pay rent on an unusable flat and for the hotel at the same time.
What renters insurance operators ask us.
Is it worth it if I do not own much?
The contents half rarely is on its own — but add up a laptop, a phone, a bike and a wardrobe and most people are past $15,000 without having thought about it. The half that justifies the price is liability: if you leave a tap running, leave a candle burning or your dog bites someone, the claim is against you, and it can run well past anything you own. At roughly $150 to $250 a year, it is the cheapest liability limit available to anybody.
My roommate has a policy. Am I covered?
No, unless you are named on it, and most carriers will not add an unrelated roommate. Their policy covers their property and their liability; if the fire started with your candle, their insurer may well pursue you. Two separate policies is the normal answer and costs very little. It also avoids the argument about whose television it was, which is a real conversation that happens after every roommate claim.