Florida Renters Insurance

Florida Renters Insurance

If you rent your home, you may not think you need to worry about any type of insurance.  However, did you know that your landlord’s homeowner’s insurance does not cover any of your belongings in the home?  This is why it is so important for you to have Florida renters insurance to protect your assets in the event of a fire, flood, or a natural disaster.  Even though you may think you will never have to worry about a fire or other disaster affecting your home, if you live in an apartment building or other type of rental property that contains more than one unit, your home could be damaged as a result of another renters’ negligence.

What is Renters Insurance?

Renters insurance provides coverages that protect the things inside your home.  This can include your personal belongings, vehicles that may be in an attached garage, and other personal property that is located inside of your home.  There are several options available for renters insurance, and each one provides different types of coverage to protect you.

Personal Property Coverage

Personal property Florida renters insurance provides coverage for any of your personal belongings that are located on the property that you rent.  This coverage will generally include coverage for any guests or visitors of your property as well.  These types of coverages have varying amounts and limits, and there are also additional policy limits for items that are considered special, including computers and art collections.  Personal property insurance coverages will generally protect the following items:

  • Clothing
  • Shoes
  • Electronics
  • Kitchen appliances
  • Kitchen supplies
  • Entertainment systems
  • Furniture
  • Jewelry
  • Purses
  • Wallets

When you choose one of these options, you will need to verify whether there is replacement cost coverage included.  If not, you will not receive the full value for your personal belongings.  Instead, the replacement value will be figured using the current market value, with the cost being lowered to include depreciation and wear and tear.  This means you will get less money towards replacing your lost items, whereas replacement cost coverage will provide you with the actual cost of replacing the items with brand new ones.

Uninhabitable Rental Coverage

Some policies may include, or allow the addition of policy coverages that will provide you with the funds you need for alternate housing if your current rental is uninhabitable due to a loss that is covered.  This coverage will provide protection for the cost of finding a place to stay, clothing, and food.  This coverage is often provided as reimbursements, so you will need to make sure that you keep all of the receipts for any of these items that you pay for out of your own pocket so you can be reimbursed properly.

Personal Liability Insurance

Florida renters insurance also includes personal liability insurance.  This type of insurance protects you from being required to pay out of pocket in the event that someone gets injured while on your property.  This coverage will protect your finances if someone falls, steps in a hole, or another similar incident.  This coverage will also help you if there is a lawsuit is filed against you due to an injury that is incurred on your property, even if it is a false or fraudulent claim.

Medical Payment Coverage

This coverage will help protect you by providing payments for medical care that is required due to an injury that occurs to someone that is not currently residing in your rental property with you.  This coverage will protect you if someone is injured by you, someone living with you, or by something on your rental property.


Most Florida renters insurance policies require a deductible.  A deductible is the amount of money that you will be required to pay out of pocket before the insurance actually kicks in to begin paying for your lost items.  If you choose a higher deductible for your policy, this will result in a lower monthly premium for your policy.  If you opt for a lower deductible, your monthly premiums will be higher, but you will have less out of pocket costs up front.  When you are choosing your deductible options, you need to make sure that you can actually afford the amount you choose so that you can be protected if something happens.

Florida renters insurance also provides you with protection in the event that something happens at your home while you are away.  If your rental home is damaged or destroyed due to a fire that is the result of bad wiring, a faulty appliance, or you accidentally leave something on that causes the fire, this coverage will still protect your assets so that you can recover from the loss much more quickly.

It has probably taken you many years to purchase all of the things you currently have in your home.  If something happens that destroys your rental, and everything in it, do you have the funds available to you right now to replace everything that is inside?  Most people would have to answer this question with a resounding “NO!”, and this is why you need renters insurance.

If you live in an area that is often hit by natural disasters such as hurricanes, you have an increased likelihood of something happening to your home.  In many cases, this can include massive water damage, which leads to mold and many other issues.  Even though your landlord probably has insurance on the actual structure, this does nothing to protect the things you yourself own.  When you take the initiative to purchase a good renters insurance policy, you will not have to be quite as affected by the devastation of losing all of your belongings.

Even though you may have lived in a rental for years without incident, the threat of something happening is always there.  If you truly want to protect your family, personal belongings, and your finances, you should take the initiative now to secure a good Florida renters insurance policy.

Where to get Florida renters insurance

There are several ways to go about getting a good renters insurance policy. One way is to simply call all the various insurance companies to get a quote. You will be required to give them your personal information as well as answer some basic questions about the property you are renting. An easier way is to visit an online site like https://floridainsurancequotes.net that specializes in giving you quotes from dozens of different insurance providers. This way you are saving time and are always going to get the best deal because they are doing all the shopping work for you.


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