If you rent, your landlord's insurance covers the building — not your belongings. If a fire or break-in damages your things, you'd pay to replace them yourself unless you have renters insurance.
When renters turn to a FAIR Plan
Most renters can get a standard renters policy. But if your building is older, in a high-risk area or otherwise hard to insure, standard insurers may decline. In some states, the FAIR Plan offers renters coverage. The Ohio FAIR Plan, for example, includes renters among its coverage options.
What renters coverage protects
- Furniture, clothing and electronics
- Kitchenware, appliances you own and other personal items
- Belongings damaged by covered causes, such as fire
As with other FAIR Plan policies, coverage is basic. Liability and theft may be limited or not included, so ask what's covered.
Renting in a building insurers won't touch? We'll find coverage for your belongings.
Call (888) 928-9324Make a quick home inventory
Walk through your home and take photos or video of your belongings. Save receipts for larger items. An inventory makes it easier to choose the right coverage amount and to file a claim if you ever need to.
Don't forget flood
Renters can buy flood insurance for their belongings, too. FAIR Plans don't cover flood. Read more: Do you need flood insurance if you have a FAIR Plan?