Renters Insurance in Sunrise, FL: What It Covers and Why It Is Worth It

Renters insurance (HO-4) protects your belongings, pays for liability if someone is hurt in your apartment, and helps with living costs if a covered loss forces you out. Your landlord’s policy covers the building, not your things. For many Sunrise renters, a policy costs about what you spend on a few meals out each month.

What does renters insurance cover?

Personal property coverage pays to repair or replace your belongings after covered losses such as fire, theft or water damage from a burst pipe.

Liability coverage protects you if a guest is injured or you accidentally damage someone else’s property. Loss of use coverage helps pay for a hotel if your unit becomes unlivable after a covered loss.

Does renters insurance cover hurricanes and floods?

Wind damage from a hurricane is typically covered, subject to the hurricane deductible. Flood damage is not covered by renters insurance and needs a separate flood policy.

Ground-floor renters in South Florida should seriously consider contents-only flood coverage.

How much renters insurance do I need?

Make a quick inventory of furniture, electronics, clothing and jewelry. Many people are surprised at the total.

Choose replacement cost coverage if you can. It pays to buy new items instead of paying only their depreciated value.

Frequently Asked Questions

Is renters insurance required in Florida?

State law does not require it, but many landlords and apartment communities require it in the lease.

Does renters insurance cover my roommate?

Usually not, unless they are listed. Each roommate should have their own policy.

Does renters insurance cover my car?

No. Your car is covered by auto insurance, though items stolen from your car may be covered by renters insurance.

Related Reading

• Flood Insurance vs Homeowners Insurance: What Does Each One Cover in Florida?
• Condo Insurance in Sunrise, FL: What an HO-6 Policy Should Cover