Is Renters Insurance Required?

Fran Majidi
September 12, 2019

If you own a home or condo you need homeowners insurance. In many apartment communities it has become a requirement to carry renters insurance if you hope to sign a lease. Some condo owners will not rent out their property if you aren’t covered too. However, even when it’s not required on the part of an owner or manager, you do need renters insurance. If you do not have it and your personal belongings are destroyed or stolen your landlord’s insurance will not cover your possessions. That is your responsibility. If you are uninsured and you are left without belongings, you’ll have to buy everything at your own cost.

Get a Free Renters Insurance Quote.

Related Articles

Renters Insurance What Is the Difference Between ACV and RCV

Actual Cash Value (ACV) is also known as market value; a Replacement Cost Value (RCV) is when you're reimbursed for the same or similar item.

Renters Insurance Filing a Renters Insurance Claim

Guide to understanding how to file renters insurance claims with your carriers. Avoid unnecessary steps and process the claim with less confusion.

Looking for Renters Insurance?

Compare rates from dozens of companies in less than 3 minutes.