Find Out If Renters Insurance Shields Tennessee Tenants

What Does Renters Insurance Cover?

1. **Personal Property Coverage**: This aspect of renters insurance protects your personal belongings, such as furniture, electronics, and clothing, against perils like theft, fire, or vandalism. Depending on your policy, coverage can be "actual cash value" or "replacement cost," with the latter offering more comprehensive protection by covering the cost to replace items at current market value.

2. **Liability Protection**: Liability coverage is crucial if someone is injured in your home or if you accidentally damage someone else's property. For example, if a guest slips and falls in your apartment, liability insurance can cover medical expenses and legal fees up to your policy limit.

3. **Additional Living Expenses**: If a covered event, such as a fire, forces you out of your home, renters insurance can cover the cost of temporary housing, meals, and other living expenses until your home is habitable again.