Do I Need Tenants Insurance?

Common Myths About Tenants Insurance

"Tenants insurance coverage is expensive."

Tenants insurance from your State Farm®¬†agent is remarkably affordable. For just pocket change a day, our policy can provide affordable basic protection for your personal property and can protect you in case of a liability lawsuit.

"The landlord's insurance covers me."

Your landlord's insurance generally only covers the building where you live — not your personal belongings and your liability.

"I don't need legal liability insurance."

Your landlord's policy most likely does not include liability for something that happens in your rented residence. You could be held responsible for injury to another person or damage to another person's property if an incident occurred within your rented residence, or elsewhere. Without liability coverage, your current and future earnings could be at risk. Tenants insurance coverage may also provide legal defence costs.

"I don't own very much."

People's belongings are worth more than they think. That's one reason why you need tenants insurance coverage.

Our tenants insurance is all-risk insurance. It protects your personal property against the most common risks that could directly damage your personal property. Optional coverages are also available.