Many renters believe their landlord is responsible for damage to their personal belongings in their rented apartment or home. Unfortunately, this is generally not the case. Although your landlord is usually responsible for repairing structural damage to your house or apartment, you will generally be solely responsible for damage to your belongings.
Renters insurance can help protect you from out-of-pocket expenses associated with your rented property. Contact Dorsey & Associates, LLC, in Philadelphia, Pennsylvania, to learn more about our renters insurance. 
What Is Renters Insurance?
A renters insurance policy is a binding contract between you and your insurance company. In exchange for your premium payments, your insurer agrees to pay for covered losses up to your policy limits.
Why Is Renters Insurance Important?
As a renter, you face many potential risks. If something goes wrong at your rented property, you could face costly losses arising from personal liability lawsuits, personal property damage and additional living expenses if your rented apartment or house becomes temporarily uninhabitable. The right renters insurance can help provide financial protection from these losses. It is also typically one of the least expensive types of insurance to purchase. Contact Dorsey & Associates for a renters insurance quote.
What Does Renters Insurance Cover?
Similar to a standard homeowners insurance policy, renters insurance can help protect you from losses at your apartment or house. Individual policies may vary, but here are some of the commonly included renters insurance coverages:
- Personal liability coverage—This coverage can help cover costs (e.g., medical bills, legal fees) if you’re accused of causing third-party property damage or bodily injury.
- Personal possessions coverage—This coverage can help pay to repair or replace your belongings if they’re damaged or destroyed by a covered peril.
- Living expenses coverage—This coverage can cover your extra transportation and living expenses if covered property damage at your rented home forces you to vacate the property temporarily.
For certain high-value items, additional renters insurance coverage may be required. Speak to your insurance agent today or call Dorsey & Associates to learn about our renters insurance endorsements.
How Much Renters Insurance Do I Need?
Renters insurance is not legally mandated, but some landlords will require it. Even when it is not required, you may want to purchase at least enough renters insurance to cover the cost of replacing your belongings if everything inside your rented property is damaged or destroyed and to cover potential liabilities.
Getting Renters Insurance
We’re here to help you find the coverage you need. Contact Dorsey & Associates to get started with a renters insurance quote and to learn more about how our policies can provide peace of mind. We provide coverage in Philadelphia, Pennsylvania and throughout Pennsylvania.
This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.