Tenant Insurance Overview

Tenant Coverage Explained.

You rent the house or apartment where you live, so why would you need insurance? Isn't that just for homeowners?

Your landlord has commercial insurance to cover the physical building. But you need tenant insurance to cover your personal property, such as furniture or electronic equipment, in case of perils, such as fire or theft.

Tenant insurance will also protect you if you are responsible for bodily injury or property damage to others, for example, if a visitor slips on your wet kitchen floor and breaks an arm.

Tenant insurance is available for both rented apartments and houses. Tenant’s policies come in two forms; the most common for renters is "named peril" coverage, meaning the policy states specifically what you are insured against.

Named perils include the following: Fire or Lightning; Smoke; Vandalism or Malicious Mischief; Theft; Accidental Discharge of Water; and other perils.

Broader coverage is available. Ask your Coughlin CSR to discuss the benefits of a Comprehensive policy.
Your tenant’s liability coverage also includes Medical Payments coverage, which pays for medical expenses of nonresidents—someone who doesn't live at the rental property you've insured.

Always read the insurance contract for specific explanations of coverages and exclusions.

Please Note:

These are general policy descriptions to help you understand the different types of coverages. They do not refer to any specific contract of insurance, and they do not modify any definitions expressly stated in any contracts of insurance. We encourage you to speak to your Customer Insurance Representative and to read your policy contract to fully understand your coverages.