Housing Information
Renter’s Insurance
Renter’s Insurance
Once you’ve signed a lease, you may want to consider purchasing renters insurance. Renters insurance will cover loss or damage to your personal belongings due to events such as fire, theft, vandalism, etc. Often your belongings are covered even outside of your home. For example, if your phone is lost or stolen at a restaurant, your renters insurance policy may cover the cost of replacing your phone.
NOTE: Your accident and sickness insurance will only cover your medical bills if you get sick or injured. If you’d like to cover your personal belongings, you will need to purchase a separate insurance policy such as renters insurance or travel insurance. Renters insurance can cost as little as $15 per month, so it can be an inexpensive way of protecting your personal belongings while in the U.S.
If you’d like more information, the finance blog, Nerdwallet, has a useful guide on renters insurance and how to purchase it.
