09/03/2026
For about $20 a month, renters insurance can protect your belongings from theft, damage, and more.
A typical policy includes three types of coverage. Personal property coverage protects your belongings, even items stolen out of your car or while traveling. Additional living expenses cover costs if you have to move out temporarily while damage is repaired. Personal liability protects you if someone is injured at your place and you're found responsible.
Keep in mind your policy pays up to a dollar limit, and some items like cash, jewelry, and business equipment often have lower limits (commonly $100 for cash, $2,500 for business property, and $500 for jewelry and watches). If you have expensive items, ask your agent about additional coverage. Also note that renters insurance doesn't cover flood damage, that requires a separate policy through the National Flood Insurance Program.
Some landlords require renters insurance, so it's worth checking your lease too.
Source: https://www.tdi.texas.gov/column/renters-insurance.html
Have questions about renters coverage? Reach out, we're happy to help.
