Renters InsuranceWhat It Covers in Plain Words

The full list (10 items)

1. What it isA policy that protects you and your belongings. It is not the landlord's policy.
2. Your belongingsUsually covers things like furniture and clothes after covered events such as fire or theft.
3. LiabilityCan help if someone is hurt in your home or you damage someone else's property.
4. Extra living costsOften helps pay for a hotel if a covered event makes your home unlivable.
5. The landlord's policyIt covers the building, not your things.
6. What it often doesn't coverFloods and earthquakes usually need separate coverage.
7. Replacement cost vs actual cash valueOne pays for new items. The other subtracts depreciation.
8. Your deductibleThe amount you pay before the insurer pays.
9. RoommatesOften each adult needs their own policy, unless the insurer says otherwise.
10. Your inventoryPhotograph your belongings so a claim is easier.

Want the rest of the move-in plan?

The First Apartment Reset Planner is a 16-page printable for moving in and settling in, so the rest of it is not on you to figure out.