RENTERS INSURANCE
If you rent your home, Renters insurance covers your personal property from risks like fire, theft, or water damage. Without it, replacing your items comes out of your pocket. At BetOnYou, we’ll help you find affordable coverage so you can feel secure, whether you’re in an apartment, condo, or rental home.
Your Landlord’s Policy Won’t Protect Your Belongings
Your landlord’s insurance protects the building, not your personal property. Renters insurance covers your items if they’re damaged by fire, theft, or water leaks.
Affordable Options
Renters insurance is surprisingly affordable, making it an easy way to protect your belongings and budget.
More Than Your Belongings
Renters insurance includes liability coverage, helping with medical bills or legal costs if someone is injured in your rental or you’re responsible property damage.
INSURANCE
renters
Renters insurance in Florida provides essential protection for tenants. Key terms and conditions include:
1. Coverage:
Personal Property: Protects your belongings against perils like fire, theft, and certain water damages.
2. Liability:
Covers legal expenses if you're responsible for injury to others or damage to their property.
3. Additional Living Expenses:
Pays for temporary housing if your rental becomes uninhabitable due to a covered loss.
4. Exclusions:
Standard policies typically exclude flood damage; separate flood insurance would be necessary.
Damage from earthquakes or pests is generally not covered.
5. Premiums and Deductibles:
- Premiums vary based on factors like location, coverage limits, and deductible amounts.
- Choosing a higher deductible can lower your premium but increases out-of-pocket costs during a claim.
6. Policy Requirements:
While not mandated by Florida law, landlords may require renters insurance as a lease condition.
It's important to review your policy documents carefully and understand the specific terms, conditions, and exclusions applicable to your coverage. A BetOnYou licensed insurance agent will provide personalized guidance tailored to your needs.
Learn about our competitive prices
Frequently Asked Questions
1. Why do I need renters insurance if my landlord has insurance?
Your landlord’s insurance covers the building, but not your belongings. Renters insurance protects your personal property and provides liability coverage.
2. Is renters insurance expensive?
Not at all! Renters insurance is one of the most affordable coverages—often costing less than a dollar a day.
3. Does renters insurance cover water damage?
Yes, renters insurance covers certain types of water damage, like leaks. However, it does not cover flooding—you’ll need separate flood insurance for that.
4. Can I bundle renters insurance with other policies?
Absolutely! Bundling renters insurance with auto or life insurance can help you save money.
