Renters Insurance in Worthington, OH & Delaware, OH
Many tenants believe their landlord’s insurance policy extends to their personal belongings, and this common misconception could prove costly. At Ankrom Agency, we help renters throughout Worthington, OH & Delaware, OH, understand what coverage they need before unexpected incidents occur.
What Is Renters Insurance and What Does It Cover? 
Renters insurance is designed to offer financial support when unexpected events affect your personal belongings and liability needs. A standard renters policy may include the following:
- Personal property coverage may help replace your belongings if they’re damaged or stolen in covered events such as fire, theft or vandalism.
- Liability coverage may offer support if someone is injured in your rented space and you’re found responsible.
- Additional living expenses coverage may help with temporary housing costs if your rental becomes uninhabitable due to a covered loss.
- Guest liability coverage may help pay for minor injuries to guests in your home, regardless of fault.
How Does Renters Insurance Differ From Home Insurance?
While both policies offer property and liability coverage, renters and home insurance serve different needs. Renters insurance focuses on your personal belongings and liability, while home insurance covers the building structure and everything inside. Your landlord’s policy handles the building itself but won’t help with your personal items or liability coverage.
Additionally, renters insurance typically costs less than home insurance because it doesn’t cover the building structure. This makes it an affordable way to help protect your belongings and financial well-being while renting.
Start Your Coverage Today
Contact Ankrom Agency for renters coverage that fits your needs and budget. Our teams in Worthington and Delaware understand Ohio rental requirements and can help you find the right balance of coverage and cost.