---
title: "Renters insurance — What It Means | Ondo RE"
canonical: https://www.ondorealestate.com/glossary/renters-insurance/
---

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Renting & management[All terms starting with R](/glossary/#letter-R)

# Renters insurance

A tenant’s policy covering personal belongings and liability, which a landlord’s policy does not cover.

The landlord’s policy covers the building, not the tenant’s possessions or personal liability. Renters insurance covers those, usually inexpensively, and many leases require it.

Liability coverage is the part tenants underestimate. It responds when a tenant is responsible for damage or injury.

## Related terms

- [Lease agreementThe contract setting the terms of a tenancy: rent, duration, responsibilities, and how it ends.](/glossary/lease-agreement/)
- [Homeowners insuranceProperty and liability coverage a lender requires, typically paid a year in advance at closing then escrowed.](/glossary/homeowners-insurance/)

## More in Renting & management

- [Eviction](/glossary/eviction/)
- [Fair housing](/glossary/fair-housing/)
- [HOA (Homeowners Association)](/glossary/hoa/)
- [Lease agreement](/glossary/lease-agreement/)
- [Maintenance reserve](/glossary/maintenance-reserve/)
- [Move-out inspection](/glossary/move-out-inspection/)

## Have a question about your own situation?

Ondo handles brokerage, lending, property management and notary under one roof, so the answer does not change depending on who you ask.

[Talk to Ondo](/contact/)[Browse all terms](/glossary/)