Compare / Renters vs Homeowners Insurance
Renters vs Homeowners Insurance
Both protect your belongings and liability — but homeowners also covers the structure of the home itself.
| Feature | Renters | Homeowners |
|---|---|---|
| Covers building | No | Yes |
| Covers belongings | Yes | Yes |
| Liability coverage | Yes | Yes |
| Loss of use | Yes | Yes |
| Typical cost | $12–25/mo | $100–200/mo |
Best for Renters
Anyone renting an apartment, house, or room.
Best for Homeowners
Anyone who owns the structure they live in.