426 Main Street Suite 2

Stoneham, MA 02180

Call: 781-438-1375

Fax: 781-438-6790

Mon - Fri: 8:30 - 5:00

Contact Us 24/7 Online

What Risks Are Included in My Renters Insurance Policy’s Protections?

What Risks Are Included in My Renters Insurance Policy’s Protections?
Table of Contents

When it comes to unexpected incidents, most people hope and wish that nothing goes wrong. However, life has proven time and again that anything can happen at any time. Although you can’t always prevent accidents like fires or water damage, you can make sure that you’re protected in the event that it occurs.

Unfortunately, most people aren’t prepared when life throws them lemons. Per the Insurance Information Institute, only about 37% of renters purchase renter’s insurance. Not having proper protection can leave you with a huge headache, a big dent in your pocket.

With that in mind, if you are looking for more information about your renters insurance policy’s protections, this guide has the answers. Does renter’s insurance cover water damage? We’ll answer that question and more below.

What Is Renter’s Insurance?

Before delving into the details of your renters insurance policy’s protections, it’s important to understand what renters insurance is and who it’s for. Renters insurance covers individuals who either rent or lease a place to live. Usually, it’s designed for apartments or condos that are owned by a landlord or property management company.

Instant. Simple. Smart We Make Insurance Easy

Instant. Simple. Smart
We Make Insurance

Find Out How Much You Can Save Today

Take the first step towards peace of mind with LoPriore’s team. Experience tailored insurance solutions that fit your lifestyle and budget. Get your free, no-obligation quote today and see the difference expertise makes!

The insurance policy provides coverage in the event of damage to the property. Also, this protection comes in handy for incidents like stolen property as a result of theft. Furthermore, depending on the type of coverage you get, it may also include personal liability and extra living expenses.

In most states, like Massachusetts, renter’s insurance isn’t mandatory. However, some property owners or landlords might make it a requirement. Upon signing your lease, proof of renter’s insurance may be mandatory before they agree to allow you to rent with them.

Any person who rents an apartment or home should get renters insurance. If you want to make sure that your personal belongings are protected and that you’ll have financial coverage to replace it in the event of an accident or theft, renter’s insurance is a huge advantage.

Essentially, you never want to get caught in a situation that could hurt you financially or in other ways. Having renters insurance protection ensures that you are covered no matter what. Not only that, but LoPriore’s renter’s insurance policy also offers personal liability coverage in the event of damage or injury if you’re responsible for the incident.

Coverage Options for Renters Insurance

When incidents occur, it creates several issues. Therefore, renters need a variety of coverage options to make sure they are protected on all sides. Below are some of the options you can expect from your renters insurance policy:


Liability coverage offers reimbursement for accidental events when something is destroyed, or a person is hurt in your rental property.

For instance, if a friend comes over and they slip and fall in your kitchen and hurt themselves, your liability insurance will help to cover their medical expenses. It’ll also cover any of your guest’s damaged items.

No one ever expects situations like these to happen, but they do. Unfortunately, these types of incidents can ruin relationships, and you wouldn’t want a loved one to hold you financially responsible for their medical costs. Thankfully renters insurance can take care of it for you.

Personal Property

Personal property coverage provides reimbursement for the cost of fixing or replacing damaged or stolen property. Items like furniture, electronics, and clothing are a few examples of personal property.

For example, if there’s water that leaks into your apartment from the unit above you and damages your TV, liability insurance would provide funds to replace it.

If you don’t know the value of all of your belongings, don’t worry. Our insurance agents can help you determine the value and ensure that you get the proper amount of coverage.

Living Expenses

When a serious disaster occurs, it can severely damage a home and other property. Oftentimes THE destruction is so bad that residents have to temporarily leave their homes.

In a circumstance like this, you may have to stay in a hotel for an extended period of time. However, the cost of living in a hotel while your home is uninhabitable can get quite pricey. Fortunately, coverage for additional living expenses can help you save money in this situation.

Full Replacement Option

Another option you can choose for your renter’s insurance policy is a full replacement. This type of coverage provides complete protection for everything you’ve lost with no depreciation.

Think about it. If you have to spend the money to replace everything you own, it’ll quickly add up. However, full replacement coverage provides you with the peace of mind that you’re fully covered if anything happens.

What Does Renter’s Insurance Cover? The Specifics

Now that you know a little bit more about your renters insurance policy’s protections, you may be wondering exactly what your renter’s insurance covers. Below are just a few examples of the protection you’ll get with your policy:

Does Renter’s Insurance Cover Water Damage?

Water damage is a common occurrence that can happen at any time. It can destroy your personal property, as well as create damage to your rental space.

Thankfully, there is water damage coverage in a renters insurance policy. Without it, many people would be stuck with the financial burden of replacing floors, cabinets, and other items within their residence.

Does Renter’s Insurance Cover Flooding?

Flooding is another incident that happens quite regularly, so LoPriore offers flood insurance to renters. Flooding is different from standard water damage, and it generally occurs as a result of a natural disaster.

Your renter’s insurance policy won’t likely include flood coverage. However, you can always get a separate policy in the event of loss due to flooding.

Does Renter’s Insurance Cover Broken Windows?

Broken windows are covered under your insurance policy, especially if you choose the full coverage option. Sometimes broken windows can occur from natural disasters, like a serious storm, or they can happen during a robbery attempt.

In any case, both of these situations warrant insurance protection to replace your windows.

Does Renter’s Insurance Cover a Kitchen Fire?

Kitchen fires are also included in your renter’s insurance coverage. Like the other incidents listed above, they are quite common. Fires can happen quickly and without warning.

Sometimes the fire starts while a person is cooking, or it happens due to faulty kitchen appliances. Thankfully, renters insurance can take care of any damage brought about by the fire.

Does Renter’s Insurance Cover Burglary?

We touched on this topic a little bit throughout this article, but it’s important to reiterate it. Unfortunately, burglary is something that everyone can become a victim of, and you have no control over it.

In fact, there are nearly 2.5 million burglaries occur per year. When a home invasion happens, not only can your personal property get stolen or damaged, but other aspects of your residence can be destroyed as well.

For instance, a burglar might break a door handle, window, or another entryway while trying to get into the home. They may also destroy things while the robbery is taking place.

Let’s say they ransack your home while looking for money or other valuable possessions. They could potentially ruin your belongings in the process. Fortunately, a renter’s insurance policy can protect you in the event of a robbery.

What to Look for When Choosing a Renter’s Insurance Company?

Getting a renter’s insurance policy is all about protecting yourself. However, it’s not just about protecting yourself when an incident occurs, but also shielding yourself from poor insurance providers. You want to make sure that you pick a company that will actually be there for you when you need them.

Choose a provider that offers an array of coverage to keep you secure in case of an unfortunate event. Furthermore, you want to make sure you get more bang for your buck. Get an insurance quote to make sure that you are getting the most out of your money.

Lastly, select an insurance provider with good customer service. When you call about your policy or when disaster strikes, the last thing you want to deal with is poor customer service. Find an insurer that cares about you and your rental property.

Renters Insurance Policy’s Protections: The Best Coverage

Are you in need of renter’s insurance? If so, the LoPriore Insurance agency can help. We provide a variety of insurance coverages to suit every need.

If you’re asking yourself, “Does renter’s insurance cover water damage”? With LoPriore, yes, it does! In addition to renters insurance, we also provide flood insurance, homeowners insurance, car insurance, boat insurance, and more.

You can rest assured that your renters insurance policy’s protections through our company will have you in good hands in the case of an unexpected incident.

If you have any questions, don’t hesitate to call us at 781-438-1375 or contact us online.

We’re here for you when you need us!

Shop For The Best Home Insurance
It's super easy and quick!

Click for Easy, Fast Quotes from Multiple Insurance Companies!

Are You Paying To Much For Insurance?

Talk with an Agent and see how we can help you save!