Central Florence, Kentucky
7420 US Hwy
Florence, KY 41022

Does Renters Insurance Cover Your Roommates? August 21, 2018

Central Florence, Florence
Does Renters Insurance Cover Your Roommates?, Florence, Kentucky

If you’re renting your first apartment, you might assume the landlord’s insurance policy will have you covered if a storm, fire, or other disaster damages your personal belongings. Unfortunately, their coverage only protects the building itself—not your belongings inside it. To cover your own belongings, you’ll need to buy a separate renters insurance policy, which will compensate you if any of your possessions are damaged, destroyed, or stolen. However, this valuable coverage only extends to you and your family members named in the policy.

Renters Insurance & Roommates

Renters insurance only covers the individuals specifically named in the policy, so if a fire or other disaster occurs, your roommate wouldn’t be eligible to file a claim if the policy is in your name. While most insurers will allow you to purchase a policy together, this may not be a good idea. Canceling a policy if one of you moves out may not always be possible, so the issue could get complicated if one of you moves out.

How to Buy Renters Insurance

Fortunately, renters insurance is highly affordable. In fact, most people can get coverage for just a couple hundred dollars per year, even if you have expensive electronics or valuable jewelry. Online quote generators and websites offer easy access to renters insurance policies, but these tools don’t always offer quotes tailored to your needs. As with any other type of coverage, the best way to get renters insurance is to sit down with an experienced agent who can review your financial situation and recommend a policy that provides the coverage you need at the best possible rate.


As independent agents serving Florence, KY, Michel Insurance Agency provides policies from several of the industry’s top providers. If you’re moving into your first apartment, you can rely on their team to protect your belongings from anything life throws your way. To get your renters insurance quote, visit their website or call their office at (859) 371-9458.

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