Homeowners vs. Renters Insurance
What is Homeowner Insurance
also known as home insurance, is a form of property insurance policy that provides coverage for a private residence.
What is Renter Insurance
helps protect you and your belongings if the unexpected happens
Homeowner V Renter Insurance
You’ll have a deductible for both types of policies
Renters typically pay less than
Why do I need homeowners insurance?
Home insurance protects one of your most important investments
A homeowners insurance policy offers protection against accidents in your home or on your property
Most mortgage lenders require homeowner insurance
Why do I need renters insurance?
Home insurance protects one of your most important investments
A homeowners insurance policy offers protection against accidents in your home or on your property
Most mortgage lenders require homeowners insurance
Who should carry homeowners insurance?
First-time home buyers
Current homeowners
What does a homeowners insurance policy cover?
Property Damage
Personal Property
Jewelry
What type of damage does renters insurance cover?
Fire
Smoke damage
Vandalism
Theft
Windstorm
Water damage
Visitor injuries
Homeowners insurance and renters insurance cover slightly different types of property damage
