Typically, leases for renters do not cover the contents you keep inside your rental property—specifically, your personal belongings like furniture, computers, clothing and jewelry.

To make sure you have the protection you need, renters insurance protects you against theft or fire or damage—or in case someone is injured in the place you rent.

Even if you believe your belongings are old or not as valuable as they used to be, you will need to factor in the replacement costs you would incur if you had to buy everything new—in the event they are stolen or damaged.

Many leases require renters insurance. Even if your lease does not mandate that you have it, renters insurance is the smart solution that’s affordable.

Coverage option examples:

• Personal property
• Guest medical
• Additional living expenses
• Additional protection
• Temporary housing
• Liability