NO, But they can get Renters or Tenants insurance
Renters Insurance doe snot cover "Real Property". If you have purchased a home then you need a Homeowners Insurance Policy.
No. That's what renters insurance is for.
No, just your stuff is covered
The 21st Century insurance company offers a variety of insurances for any need. They offer auto insurance, renters and homeowners, and flood insurance.
AllState provides Homeowners Insurance, Condominium Insurance, Renters Insurance, and Landlord Property Insurance.
Homeowners insurance No. But a landlords Dwelling Policy yes.
Yes, but only for the dwelling, not for your renter's belongings. be sure to notify your insurance company that you have renters, your rate will go down because they're not insuring your belongings...and be sure to tell your renters about renters insurance.
Personal possessions are usually covered on your homeowners or renters insurance policies.
Sure. If it is part of the contract and you sign the contract then you must abide by the contract and purchase the homeowners insurance. The policy you would need to get is an HO-4 which is for renters. It covers you for loss to your contents and liability as well.
"Yes, you are correct contents insurance in the United Kingdom is what we call homeowners insurance in the United States. It is more like a renters insurance."
No, Renters insurance is coverage specific to household property or contents owned by the named insured. It does not cover the property of others and it does not cover automobiles. Neither Renters insurance nor Homeowners insurance will cover damage to an automobile. That's what auto Insurance is for.
If you rent an apartment, you don't need homeOWNERS insurance, but you you definitely need Renters Insurance, which is a form of homeowners insurance. Most renters' policies will protect your personal belongings from perils such as theft and fire. It will also reimburse you the cost of additional living expenses if your apartment or rented home is damaged by a covered peril. A renters policy will also give you liability insurance; don't thnk for a minute that if someone falls in your apartment that only your landlord will be sued. If your dog bites someone, it will also protect you if you get sued.