Provides compensation if personal items are lost or damaged due to fire, wind, smoke, theft, vandalism, and more. It doesn’t cover damage to the actual property—just items like furniture, clothes, bags, etc. You can get policy floaters, though, to cover expensive items such as jewelry, art, and electronics.

Covers bodily injury and property damage someone else may suffer at your place—like a visitor falling in your bathroom. This insurance can help pay medical bills and legal expenses. It can also extend to accidents off of the property, including injuries and damages caused by your children or pets.

This coverage helps with the cost of temporarily moving if your rental becomes uninhabitable due to disaster. If your home suffered damage due to fire, say, and you can’t live there until repairs are done, this coverage can pay for temporary shelter expenses, such as hotel payments and food.