Tenants or Renters Insurance – What Consumers must know!

Rental UnitRenters Insurance is also known as Tenants Insurance, it is a basic policy form offered by most insurers designed to provide contents coverage and liability protection in the event someone becomes injured at the residence.

Renters Insurance is usually less expensive than most people may think, a basic renters policy may cost between $150 – $300 per year depending on geographic location and amount of coverage selected.


It is best to get references and speak with friends and relatives about insurance experiences before coming to any decision. In the digital world, many consumers prefer to DIY ‘do it yourself’; in this case, the Department of Insurance in each State has a website dedicated to consumers where forms and options can be researched easily.

Renters Insurance often protects your belongings even when you’re away from home. If your laptop is stolen from your car or your bicycle gets stolen from the rack at work, your renters insurance may pay to replace them. Although some items like jewelry, silverware and collectibles have limited coverage, you may inquire about purchasing an endorsement to increase coverage for items worth insuring. The policy form for Renters Insurance is the Form HO-4.

If the landlord requires insurance, they may also wish to be listed as an Additional Insured on the policy. There is usually a nominal fee, if any, to include an Additional Insured Clause on a renters insurance policy and a copy of all documents will be automatically forwarded to the landlord as long as they are listed.

Since consumers are increasingly wishing to handle business online, we have devised an online platform available  to obtain a quote and buy renters insurance online in multiple States; it may be used directly by Consumers. This technology provides an exemplary online experience for all! https://bit.ly/1954BTO

It is important to contact a licensed professional to assure that any unanswered questions are satisfied.