Who this is for
Anyone renting an apartment, house or room. Increasingly required by landlords, and worth having even when it is not.
What it typically covers
Personal property. Your belongings, including when they are outside the apartment.
Liability. If someone is injured in your home, or you damage the unit.
Loss of use. Hotel and meals if a fire or burst pipe makes the place unlivable.
Medical payments to others. Small injury costs without a lawsuit.
Certain high-value items. With a scheduled endorsement for jewellery, instruments and cameras.
What it usually doesn’t cover
The building itself, which is your landlord’s policy, and it does not cover your things
Flood and earthquake, which need separate policies almost everywhere
Roommates’ belongings, unless they are named on the policy
Business inventory stored at home, beyond a small sub-limit
Bed bugs, pests and gradual damage
The misunderstanding worth clearing up
Your landlord’s insurance covers your landlord’s building. If a pipe bursts in the unit above and destroys everything you own, their policy pays to repair the drywall and yours pays to replace your possessions. If you do not have one, nobody pays for your possessions.
How we’d approach it
Take fifteen minutes and photograph every room, including inside closets and drawers. That inventory is what makes a claim straightforward. We will size the coverage against it rather than guessing at a round number.