Common Renters Coverage:
Personal property coverage (usually at replacement cost) protects your valuables, such as furniture, electronics, clothes, etc.
Personal liability coverage protects you from costs when you’re deemed legally responsible for injury done by the insured to a Third Party, or damage done to their property
Additional contents coverage can protect valuables such as jewelry, antiques and fine art
“Loss of use” coverage can help cover additional living expenses such as temporary housing in the case of a covered loss
Guest medical payment can help cover the medical expenses for your guests if they are injured on your property.
You may be thinking your landlord’s insurance covers your personal belongings? Your landlord’s insurance is to protect the overall structure and any liability-related claims against them. It will not cover the contents inside your residence.