Whether you’re renting out a property or calling it home, having the right insurance in place is key to protecting your investment and your peace of mind. At Renee Jackson Insurance Agency, we work with both renters and landlords across Kentucky and beyond, helping each understand their unique coverage needs.
Here’s what you need to know!
For Renters:
Renters’ insurance is often overlooked, but it offers essential protection. While your landlord’s insurance covers the building itself, it won’t replace your personal belongings—or cover your liability—if something goes wrong.
Key benefits of renters insurance:
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Personal property coverage: Protects furniture, electronics, clothing, and other belongings from theft, fire, or certain types of water damage.
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Liability protection: Covers you if someone is injured in your rental or if you accidentally cause damage to the property.
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Loss of use: Helps pay for temporary housing if your rental becomes uninhabitable due to a covered event.
Renters’ insurance is surprisingly affordable—often less than the cost of a monthly streaming subscription—and can give you significant peace of mind.
For Landlords:
If you own a rental property, standard homeowners insurance typically isn’t enough. You need landlord insurance, which is designed to protect your investment property and the income it generates.
What landlord insurance covers:
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Dwelling protection: Covers the structure of your rental property from damage due to fire, storms, vandalism, or other risks.
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Loss of rental income: Provides compensation if a covered event forces you to temporarily stop renting out the property.
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Liability coverage: Protects you if a tenant or visitor is injured on the property and you’re found legally responsible.
You may also want to consider optional add-ons like vandalism protection, legal expense coverage, or landlord contents coverage if you furnish the property.
Peace of Mind for Both Parties
Both renters and landlords have a vested interest in keeping a property protected. That’s why we recommend having an open conversation about insurance coverage—and why we’re here to help both sides find policies that fit their needs and budget.
Need help reviewing your current policy or exploring new coverage?
Call Renee Jackson Insurance Agency today or visit reneejacksoninsuranceagency.com. Our independent agents are here to help you choose from a range of trusted carriers and get the right coverage for your rental situation.
