Even when you’re renting, your personal property deserves protection.

What is Renters Insurance?

Sometimes known as apartment insurance, content insurance, tenant’s insurance, or rental insurance, a renters insurance policy is coverage designed to protect those living in a rental house or apartment. Remember that your landlord’s policy does not cover your belongings in the event of an accident.

Why Do I Need to Have Renters Insurance?

While a landlord’s insurance policy covers the building, it won’t cover your personal belongings if they were damaged. Having a renters insurance policy can give you peace of mind as you’ll know that you're safeguarding your finances against the loss of personal belongings because of fire, smoke damage, vandalism, water damage, and more.

Renters insurance covers personal property—both inside and outside your residence. Sometimes it extends to the items inside your car or on your patio, and even what’s stored in your garage. Insurance for renters is considered essential because landlords are not responsible for your property. Accidents happen, and if you’re renting or leasing, purchasing a renters insurance policy is part of living responsibly.

What is Covered by Renters Insurance?

Renters insurance policies may cover items at the residence you are renting, like electronics, furniture, and many other household items like bicycles, clothing and more. The best rental insurance policy covers damages or losses because of theft, vandalism, fire, smoke, water and more. Many items are covered whether they’re in and around your home or with you when you’re traveling.

What Kinds of Damage Does Renters Insurance Cover?

What Items Does Renters Insurance Cover?

  • Fire
  • Lightning
  • Smoke Damage
  • Windstorm
  • Hail
  • Theft
  • Water damage from accidental overflows and water discharge from a plumbing system
  • Damage caused by vehicles
  • Visitor Injuries
  • Electronics
  • Furniture
  • Clothing
  • Bicycles
  • Additional expenses if property is uninhabitable
  • Medical Expenses

How Much Renters Insurance Do I Need?

To determine the amount of renters insurance you need, make a list of your personal property and its value. While basic policies can be similar, no two are exactly the same, and understanding what you’re getting, and what you’re not, is important. Your best bet is to talk to your Farm Bureau agent who can help guide you in determining how much renters insurance you need to cover your personal property.

How Much is Renters Insurance?

The average, quality renters insurance policy costs as little as two or three extra takeout lunches per month. In the event that you really need one, a renters insurance policy can save you thousands of dollars in losses and damages.

Get a Renters Insurance Quote

Currently insuring one in four Tennesseans and more homes and vehicles than any other agency in Tennessee, Farm Bureau Insurance has been offering policies since 1948. Renters insurance in Tennessee is available from Farm Bureau at low monthly premiums designed to give you maximum coverage. Though it’s not a legal requirement for Tennesseans, a rental insurance policy is recommended for those renting or leasing a home. Some landlords even require it, so don’t delay.

Get your quote for renters insurance with Farm Bureau today