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Renters Insurance
It is also called tenant’s insurance, and it is the type of insurance policy given to people renting a property. It provides some of the benefits of the homeowner’s insurance, except for the fact that it does not cover the dwelling or the structure of the home. It does cover some small alterations to the structure that can be done by the renter. The tenant’s personal belongings are protected against some dangers such as vandalism, theft, and fire. It can also pay expenses to the tenant if the place becomes inhabitable. This a less expensive kind of insurance because it protects the tenant’s personal belongings and safety but not the property itself.