Family tenant insurance in the U.S. is similar to insurance in Allstate, with standard coverage of personal property, liability, additional living expenses and medical payments to third parties, as well as seven options for support. In addition to these four coverage areas, tenant insurance often allows you to customize your policy by adding additional coverage. Tenant insurance protects you by covering the cost of replacing your damaged personal property and making any claims for liability against you. Most tenants do not have thousands of dollars in bank to cover the cost of replacing personal property or handling liability claims, so tenant insurance can cover unforeseen events. Before you decide which company you prefer, you will receive an offer from at least three rental insurers so that you can compare coverage and expenses. Personal property insurance does not cover valuables such as jewelry and collectibles, so you will have to insure these items. This is where this Old House Reviews team comes in: we have developed a guide for the seven best national rental insurers and tips for choosing the best policy. All personal property insurance is L&O, but the policy is still available, as there are five discounts to keep the price lower. In most cases, rental insurance has four types of coverage: personal property insurance, loss of use insurance, third party liability insurance and health insurance. Determine how much space is in your tenant’s insurance budget, as it depends on the company from which you can buy and the insurance coverage you can get. The company offers complete and affordable policies with premiums ranging from $5 per month and liability coverage up to $1 million, which is above the industry average of $500,000. Note: Loss from use is often automatically calculated at 20% of your personal property, and most owners require $100,000 to cover their liabilities, so most of their insurance is already installed. Although the maximum personal property coverage is small at $25,000, you can fill this gap by purchasing jewelry insurance for your most valuable possessions. In this review, we have evaluated the top seven home insurers and offer recommendations that will help you find the best policy for you and your home. Note: Every time you file a claim with your insurance company, you will have to pay a franchise to ensure that the coverage provided in the areas listed above is effective.