What type of insurance protects a renter's personal property?

Renters insurance is specifically designed to protect the personal property of individuals who are renting a home or an apartment. This type of insurance covers personal belongings such as furniture, clothing, electronics, and other valuables in the event of theft, fire, or other covered disasters. It typically also includes liability protection in case someone is injured in the rented space and decides to sue.

In contrast, homeowners insurance is intended for individuals who own their homes and generally covers the structure as well as personal property. Comprehensive insurance is a broader category that often includes various types of coverage but may not specifically address the needs of renters. Liability insurance, while important, primarily protects against claims from injuries or damages to others rather than covering personal property. Therefore, renters insurance is the most appropriate form of protection for someone renting a dwelling.