Laying Out the Facts: 7 Things Covered by Renters Insurance and 3 That Are Left Out

Renter’s insurance is a policy that protects tenants from financial losses and liabilities. Some property managers and landlords require insurance in the terms of the lease. The policies are helpful for renters that have children and pets in that they free the tenants of common liabilities. However, renter’s insurance doesn’t cover all risks that a tenant could encounter. Reviewing seven things covered by renter’s insurance and 3 that are left out explains it all. What’s Covered by Renter’s Insurance 1. The Renter’s Belongings The renter’s insurance coverage applies to the renter’s belongings that are inside the property.…