Home Vs. Renter's Coverage
- Charlotte Burr
- 1 hour ago
- 2 min read
If you only have a basic knowledge of insurance you might know homeowner’s
insurance and renter’s insurance, then you will know that the two cover different things.
But what are some of the differences between home insurance and renter’s insurance?
Well, homeowner’s insurance, also called hazard insurance by mortgage companies,
covers quite a few things.
Personal Property Coverage – This covers belongings like clothes and furniture,
televisions and cell phones, and just about anything not bolted down. It might
not, however, cover things like expensive jewelry or large collections. Always
check your policy!
Personal Liability Coverage – This covers any harm that might be caused to non-
residents of the home, such as a neighbor who fell down your stairs and was
injured.
Loss of Use Coverage – This covers any living expenses, such as the cost of
meals or a hotel stay, that might arise as the result of your home being rendered
unfit to live in after a covered loss.
Renter’s insurance covers all these things as well. The biggest difference between
home coverage and renter’s coverage is that homeowner’s insurance covers the actual
building or dwelling, as well as any fences, and other man-made structures that make
up your home, while renter’s insurance does not.
If you would like to discuss home or renter’s insurance further, give AZ Insurance Team a call! As an Arizona-based insurance broker, we can help you find the right policy for your needs and budgets. You can call us at 480.535.5709 or request a quote.
You can request a home insurance or renter’s insurance quote here.
How AZ Insurance Team Has Your Back
At AZ Insurance Team, we’ve been serving the Valley for over a decade, helping families and individuals protect what matters most. Whether it’s reviewing your home, auto, or life insurance, summer is the perfect time to make sure you’re covered before the celebrations begin. Reach out today to review your policy and see how much you could save. Peace of mind is just a call or click away.
Independent insurance brokerage located in Tempe, AZ. We offer auto insurance, homeowners insurance, life insurance, renters insurance, commercial insurance…
Disclaimer: Coverage will vary based on state, insurance company, and type of policy
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