Landlord and Renters Insurance Concepts

Draw Your Dream Apartment

Why Do You Think People Should Have Renter and Landlord Insurance

What is Landlord Insurance 

• a contract where you pay a fee to an insurance company in exchange for their promise to cover your financial losses

• • property owner would have on the physical structure of the place your living, including any surrounding structures 

• • coverage that protects renters living in a house or apartment 

• Coverage on a Landlord policy may cover damage to the structure itself

What type of insurance specifically covers damage to a person's home and belongings in case of disasters or theft?

• Auto Insurance

• Health Insurance

• Renter's Insurance

• Life Insurance

What is Renters Insurance

• • a property owner would have on the physical structure of the place your living, including any surrounding structures 

• coverage the cost of repairing or replacing your belongings in a event of a covered peril, up to the policies coverage 

• • Renters Insurance is coverage that protects renters living in a house or apartment 

• a financial safety net, a contract where you pay a fee to an insurance company in exchange for their promise to cover your financial losses

Damage caused by which of the following is not covered by a Renter's policy?

• Flood

• Tornado

• Volcano

• All the above

Landlord Insurance Coverages 

• Dwelling Coverage

  Personal Property

  Personal Liability

• appliance breakdowns

  shared property

  tenant belongings

• Bedbug

  flea

  rodent infestations

• Personal property coverage

  Loss of use coverage

  Medical payments

Olivia recently bought a new house and wants to ensure that her home and belongings are protected in case of disasters or theft. What type of insurance should she consider?

• Auto Insurance

• Health Insurance

• Renters Insurance

• Life Insurance

Renter Insurance Coverage

• appliance breakdowns

  shared property

  tenant belongings

• Dwelling Coverage

  Personal Property

  Personal Liability

• Bedbug

  flea

  rodent infestations

• Personal property coverage

  Loss of use coverage

  Medical Payments

Which of the following is typically covered by renter's insurance?

• Fire damage

• Theft of personal belongings

• Tools/Power equipment

• ALL ABOVE