Rental insurance is a type of insurance that provides coverage and protection for individuals who rent a property or home. Each insurance company will provide different levels of coverage and protection. Generally, rental insurance will cover your legal liability if someone is injured while on your rental property, as well as property damage or loss due to theft, fire, or natural disasters when you are the tenant. It may also help pay for the cost of repairs to any third-party property damage. Coverage options, limits, and exclusions will vary from policy to policy.
