Renters Insurance
Protect what you own. Keep life moving after the unexpected.
What Renters Insurance Covers
Personal Property
Covers your belongings — furniture, electronics, clothing, appliances, décor, and more — if they’re damaged, destroyed, or stolen due to a covered event.
Personal Liability
Helps pay legal fees, medical bills, and settlements if someone is injured in your home or if you accidentally damage another person’s property.
Additional Living Expenses
Covers temporary housing, meals, and other added living costs if a covered loss makes your rental home uninhabitable.
Optional Add‑Ons to Strengthen Your Coverage
✓ Replacement Cost Coverage
Instead of reimbursing you for depreciated value, this option pays the actual cost to replace damaged items with brand‑new ones. Replacement cost coverage reimburses full value rather than depreciated actual cash value.
✓ Scheduled Items (Jewelry, Art, Collectibles)
High‑value items may exceed standard limits. These can be added for full protection.
✓ Water Backup Coverage
Helps cover damage from sewer or drain backup — something standard policies don’t include.
✓ Identity Fraud Expense Coverage
Helps cover costs associated with identity theft or fraud.
How Much Renters Insurance Do You Need?
Start by estimating how much it would cost to replace everything you own.
Walk room‑to‑room and add up the value of furniture, clothing, electronics, and other essentials.
Then consider your liability needs — many renters choose higher limits for added protection.
Our team can help you customize the right amount of coverage for your lifestyle.
How Much Does Renters Insurance Cost?
Renters insurance is one of the most affordable types of coverage.
Your rate depends on:
- Your location
- Building type and construction
- Deductible amount
- Coverage limits
- Optional endorsements
- Available discounts, such as bundling renters and auto insurance
As an independent brokerage, Pro Insurance Group compares multiple top-rated carriers to get you the most competitive blend of coverage and price.
Landlords and Renters Insurance
Many landlords require renters insurance as part of the lease agreement.
Most only need to be added as an Additional Interest, which gives them notification rights if your policy changes — not coverage under your policy.
If your landlord needs insurance for the building itself, they should carry landlord or habitational insurance.
Learn more here:
https://www.proinsgrp.com/specialty/habitational-insurance/
Why Choose Pro Insurance Group
Independent Guidance
We compare top-rated carriers to help you find the right coverage at the right price.
Clear Explanations
We break down your options in simple, understandable terms without confusion.
Local + Nationwide Support
With offices in Elgin and Huntley, we support renters across Illinois and nationwide.
How Our Quote Process Works
Step 1: Tell us about your rental and what you want to protect
Step 2: We compare top carriers on your behalf
Step 3: You choose the plan that fits your lifestyle and budget
Step 4: We support you through updates, renewals, and claims
Renters Insurance FAQ
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Is renters insurance required?
It’s not required by law, but many landlords require it as part of the lease.
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Does renters insurance cover roommates?
No. Only named insureds are covered. Roommates need separate policies unless added by your carrier.
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Does renters insurance cover floods or earthquakes?
No. These require separate or additional policies.
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Are items in my car or storage covered?
Many policies include limited off‑premises coverage for personal belongings.
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Should I add my landlord to my policy?
Yes, as an Additional Interest, which provides notification rights.