Frequently Asked Questions:
What is Renters Insurance and Why Do I Need
It?
Renters Insurance covers damages to
personal belongings in the event of fire,
theft, or severe weather. If someone is
injured at your home, renters insurance will
also protect you in the case of a liability
lawsuit.
I thought my dwelling was already covered by
insurance?
The landlord of your apartment/house has
insurance for the structure of the building
but not the personal belongings in it which
could add up to thousands of dollars. With
renters insurance, the majority of your losses
will be covered in the event of a fire, theft,
or severe weather.
How much is Renters Insurance?
Renters Insurance varies on company and
range from a few dollars to fifteen, it all
depends. However, the majority of
companies will give you a free quote after
the completion of a survey indicating the
types of coverage you want.
What is covered with Renters Insurance?
With renters insurance, what is covered varies
on what type of policy you sign up for.
However, the basics of what is covered is
personal belongings such as electronics,
furniture, jewelry, and liability in the event of
a lawsuit.
Am I Not Covered Under My Parent’s
Insurance?
Depending on your parents policy, you might
already be covered or are able to be
RENTER’S INSURANCE
Am I Not Covered Under My Parent’s
Insurance?
Depending on your parents policy, you
might already be covered or are able to
be covered. Have your parents check
their policy statement. If not, it is strongly
advised for you to get renters insurance in
the event of a fire, theft, or severe weather
damage.
MAJOR INSURANCE COMPANIES
ALLSTATE INSURANCE
Personal Property Protection, Additional
Living Expenses, Liability Protection, Guest
Medical Protection
www.allstate.com/renters, (888)-924-9452
NATIONWIDE INSURANCE
Water Backup, Valuables Plus, Personal
Liability, Personal Umbrella Liability
Insurance, Medical Payments, Ordinance
or Law, Credit Card, Firearms, Personal
Injury Liability, Theft Extension,
Building/Additions/Alterations, Loss of Use
www.nationwide.com/renters-insurance.jsp,
1-877-669-6877
STATE FARM INSURANCE
Personal Property, Loss of Use, Inflation
Coverage, Personal Liability, Medical
Payments to Others, Losses not Insured
www.statefarm.com/insurance/home-and-
property/renters, 800-782-8332
GEICO
https://www.geico.com/renters-insurance/,
800-566-1518
WHAT IS RENTER’S INSURANCE?
Renter’s insurance provides protection and compensation for personal property if it is destroyed or stolen. It can
cover personal property that is damaged by fire, smoke, vandalism, water, hail and wind storms. Renter’s
insurance may also protect you from accountability if an accident occurs in your dwelling. If an emergency
requires you to vacate your home, the renter’s insurance may cover temporary living expenditures. With most
policies, each tenant must have a renter’s insurance policy.
Agencies are listed because of their location. Off-Campus Housing Services does not endorse them in any way.
Renters Insurance covers damages to personal belongings in the event of fire, theft, or severe
weather. If someone is injured at your home, renters insurance will also protect you in the case of a
liability lawsuit.
I thought my dwelling was already covered by insurance?
The landlord of your apartment/house has insurance for the structure of the building but not the
personal belongings in it which could add up to thousands of dollars. With renters insurance, the
majority of your losses will be covered in the event of a fire, theft, or severe weather.
How much is Renters Insurance?
Renters Insurance varies on company and range from a few dollars to fifteen, it all depends. However,
the majority of companies will give you a free quote after the completion of a survey indicating the
types of coverage you want.
What is covered with Renters Insurance?
With renters insurance, what is covered varies on what type of policy you sign up for. However, the
basics of what is covered is personal belongings such as electronics, furniture, jewelry, and liability in
the event of a lawsuit.
Am I Not Covered Under My Parent’s Insurance?
Depending on your parents policy, you might already be covered or are able to be covered. Have
your parents check their policy statement. If not, it is strongly advised for you to get renters insurance
in the event of a fire, theft, or severe weather damage.
MAJOR INSURANCE COMPANIES
ALLSTATE INSURANCE
Types of Policies:
Personal Property Protection, Additional Living Expenses, Liability Protection, Guest Medical Protection
Contact:
www.allstate.com/renters, (888)-924-9452
NATIONWIDE INSURANCE
Types of Policies:
Water Backup, Valuables Plus, Personal Liability, Personal Umbrella Liability Insurance, Medical
Payments, Ordinance or Law, Credit Card, Firearms, Personal Injury Liability, Theft Extension,
Building/Additions/Alterations, Loss of Use, Hurricane
