What Does Renters Insurance Cover?

Renters insurance covers your belongings (furniture, clothes, appliances, electronics, etc.) if they're damaged or stolen. Plus, renters covers injuries that happen at your place, lawsuits/legal fees if someone sues you, and even hotel expenses if you need a place to stay.

Standard renters insurance coverages

These are the basic renters insurance coverages and come standard in your policy.

Personal possessions

Covers your stuff if it's stolen or damaged

Personal property covers your belongings if they're damaged or stolen. Your items can include furniture, clothes, electronics, etc. Plus, your belongings are covered even if they're not in your home (your car, storage unit, etc.)

Example: Someone breaks into your car and steals your phone and a new TV you just bought. You will then get payment for what it costs to buy a new phone and TV, or these items' current value. There may be limitations for certain items. You're covered from power surges, fires, weather damage, theft/vandalism, water damage, and more.

Jewelry, art, memorabilia, computers, and other expensive items: Limits can apply to more valuable items. But, no worries, you can easily get extra coverage for jewelry and other expensive items. Just get a renters insurance quote, and we'll guide you through your coverage choices.

Loss of use

Covers your temporary living expenses

If your place is damaged and you can't stay there, loss of use coverage pays for hotel/rent and food expenses above what you'd usually pay.

Example: Your place is damaged, and you can't stay there for two weeks. If you spend $750 eating out, renters insurance will cover food expenses over your usual costs and your rent/hotel expenses. It's important to keep your receipts.

Personal liability

Covers lawsuits if someone sues you

If someone sues you or a family member you live with (for damage to their property or their injuries), personal liability covers you.

Example: You accidentally damage gym equipment at your apartment, and now your complex wants to sue you for $5,000. Personal liability coverage would kick in and pay for your lawyer, court fees, and certain damages you have to pay, subject to your policy.

Medical payments

Covers injuries at your place

Medical payments coverage pays for medical bills if someone else is hurt at your place.

Example: One of your child's friends breaks her arm at your place, and their parents ask you to pay the medical bill. Medical payments will then cover the medical costs.

Optional renters insurance coverages

You can add any of these coverages to customize your policy based on your needs.

Water back-up

Covers water damage from backed-up sump pumps and sewers

Some apartments/homes have sump pumps in their basements or crawl spaces. These are designed to pump water out from underneath and around the foundation. Sometimes these sump pumps or plumbing/sewer systems get backed up. Water may then flood into your place and cause an expensive mess. Water back-up will then pay for damage to your belongings and water removal.

Example: The sump pump in your basement breaks down, and water floods your place, damaging your carpet, furniture, and more. Water back-up coverage then pays for the sewage removal and damage to your property.

Personal injury

Covers rare but expensive lawsuits and situations

Personal injury coverage pays for your legal fees and additional damages from:

  • Slander or libel lawsuits (something you say or write that damages someone else's reputation or business)
  • Wrongful eviction
  • Lawsuits against you, such as wrongful entry or malicious prosecution
  • False arrest, detention, or imprisonment

Example: Your teenage child posts something online about their teacher and damages their reputation. Then the teacher sues you. Personal injury coverage will then cover your lawyer, court fees, and any damages you have to pay, subject to your policy.

What's not covered

Renters doesn't cover any damage to the roof, building/exterior of your place, or the premises around it. All of those areas are your landlord's responsibility. If these areas are damaged, your landlord would then have to pay for repairs. Your landlord may even cover your belongings if the damage is their responsibility. For example, your roof is damaged and rain ruins your furniture.

Renters also doesn't cover damage from floods. But if you quote through Progressive, we'll help you add flood coverage if you need it.