What's the difference between homeowners insurance and renters insurance?

Answered by Home Insurance, Car Insurance Expert Alexah on January 20, 2021

I'm on the hunt for an apartment to rent. I know there's separate insurance for homeowners and renters, but what's the difference between them?

expert avatar


Home Insurance, Car Insurance Expert

Homeowners insurance covers you for a home that is both owned and occupied by the same person. It provides coverage for the structure of the home itself, along with the policyholder’s contents and additional structures that may be on the property.

Renters insurance is for someone who does not own their home, but pays a fee to live in someone else’s property. The main coverage renters insurance provides is for personal property, since this would not be covered under the landlord’s policy if there was damage or a loss to the property.

Home Insurance

Have an insurance question?

Our insurance agents are ready to help you, for free.

Ask your question, it’s 100% free
Thousands of customers saved on average $887/year on their car insurance with Jerry
This app is great, but the customer service is even better! Not to mention convenient! My husband and I got the lowest rate (much lower than the rates I was finding online through my own searches), quickly, and pretty much all through text message! Thank you so much for a hassle free experience👍
Gabriella R.
Find savings (100% Free)
stars4.6/5 Rating on App Store