What Does Renters Insurance Actually Provide?

If you are renting an apartment or home, it is important to get renters insurance to protect yourself, your belongings, and your finances. Remember that all renters insurance policies are different, so not all the policies will protect what we outline below. However, most renters insurance policies will protect:

Your Personal Property

The most important thing that renters insurance covers is your property. For example, if someone stole your electronics and some cash, this would likely be covered by your policy.


In a situation where you were found responsible for the injuries of someone else or for the damage to someone else’s property, you may be sued for these costs. In this situation, the right kind of renters insurance would cover these cases so that you didn’t have to pay for damages out-of-pocket.

Living Expenses in Special Cases

In some situations, your apartment or home may become uninhabitable. For example, let’s say there was a fire in your apartment building, and you could no longer live there for the time being. Renters insurance would cover the cost of a hotel for you to stay in while the apartment building was cleaned up or until you found a new home.

Remember that renters insurance does not cover structural damage to the home or apartment that you’re renting. Your landlord will need to have their own form of coverage to protect these things.

Learn More With THINK Insurance & Financial Services

Pomona, CA residents always choose to THINK Insurance & Financial Services when they want the best in renters insurance! If you are someone who’s renting in Pomona, CA, please consider giving us a call or stopping by our nearest location to find a renters insurance policy that meets your needs. One of our kind and courteous agents can lay out all your renter’s insurance options for you. Give us a call today!