Renters insurance can have many features and riders. Below is an explanation of the basic coverage in plain English. Remember, this is just a general description and not policy language. The items below will vary based on the policy type you purchase. These general terms can get you started.

Personal Property

This coverage is for your household belongings.

Personal Liability

Coverage for Bodily Injury or Property Damage that an insured is found to be liable.

Medical Payments

Coverage for medical payments to another person regardless of the negligence of an insured person.


It is the amount of expenses that must be paid out of pocket before an insurer will cover expenses. Keep in mind the higher the deductible the lower the premium or the lower the deductible the higher the premium, but less money out of your pocket if you do have a claim. The policy can be quoted both ways and you can decide what best suits your financial situation.

Renters Insurance Coverage Basics

Renters Insurance