At Prepared, our goal is to provide the right insurance to fit your unique needs. While your landlord’s insurance policy covers the structure, it will not cover your personal property. A renters insurance policy (HO-4) insures your valuables from loss for events like theft, fire or water damage. The policy also covers your liability if someone is injured in your home, and it has an allowance for living expenses should you have to temporarily relocate during repairs.
We recommend creating a home inventory checklist that includes estimated replacement costs to assist you in determining how much personal property coverage is necessary.