Make sure your renters insurance covers your personal belongings

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When you buy renters insurance, make sure you understand exactly what your policy covers. Some liability-only renters insurance policies don’t pay for your personal property.

Ask your agent or insurance company to explain what the policy covers—and what it doesn’t. This helps you avoid surprises if you file a claim.

Most policies also limit what they’ll pay for expensive art, jewelry, and firearms.

Also, renters insurance doesn’t cover flood damage. You’ll need a separate flood insurance policy for that.

Take time to compare options, shop around, and make sure your coverage fits your needs.

Learn more

• Renters insurance: What does it cover and how much does it cost?
• Do you need flood insurance as a renter?
• Does my roommate’s renters insurance cover my stuff?