What are the differences between homeowners and renters insurance?

Answer A homeowner can insure the property and owned contents. A renter does not own the home so they can only insure their own contents. Liability coverage can be purchased on either policy type.

Top Q&A For: What are the differences between homeowners and...

Can my homeowners insurance refuse to cover my fiance for loss or liability on the home we jointly own because he is not related to me and make me buy renters insurance for him in NJ?

Laws may be a little different in the Armpit of America but in the communist state of MA as long as you jointly own the home then you would be jointly covered on the home policy. If so then they ca... Read More »

How much would the homeowners or renters insurance be for a three bedroom house?

Prostitution, drugs, lying about income, hosting gambling, illegal firearms or explosives, violence.

Will homeowners insurance cover replacement carpet that your renters ruined?

Yes travel insurance is available in the UK. Travel insurance can cover lost items, cancellations and even medical costs. Of course, there are different packages and different costs. Therefore, try... Read More »

What if a tenant breaks something in the rented home that is part of the home like a wall or a door by accident does the landlords homeowners pay or the renters insurance?

No, Your Insurance contract gives the Insurance company the right to settle or defend whichever is cheaper. If the insured property owner interferes with the companies decisions you could forfeit ... Read More »