Renters Insurance
Just because you don’t own your home doesn’t mean you shouldn’t protect what’s inside. Renters insurance offers affordable coverage for your belongings, liability protection, and peace of mind. At RPM Agency, we help renters across Colorado find coverage that fits their lifestyle—and their lease.
What Renters Insurance Can Cover
Personal Property Protection
Covers the cost to repair or replace your belongings—like furniture, electronics, and clothing—if they’re damaged by fire, theft, or certain natural disasters.
Liability Coverage
Protects you financially if someone is injured in your rental or if you accidentally damage someone else’s property. This coverage can help pay for medical bills or legal defense if you’re sued.
Loss of Use (Additional Living Expenses)
Helps pay for temporary housing, food, and other living expenses if your rental becomes uninhabitable due to a covered event like a fire or major water damage.
Medical Payments to Others
Offers quick coverage for minor injuries that happen to guests in your home, regardless of who was at fault.
Optional Endorsements
Add-on coverage is available for high-value items like jewelry, electronics, or collectibles that may exceed standard policy limits.
Why Renters Insurance Matters in Colorado
Severe Weather Happens Often
Colorado’s hailstorms, wildfires, and freezing temperatures can cause serious damage—even in apartment complexes. Renters insurance helps cover your losses when disaster strikes.
Landlord Policies Don’t Cover Your Belongings
Your landlord’s insurance only protects the building itself—not your personal items, electronics, or furniture.
Liability Risk Is Real
Whether you’re renting in Denver, Aurora, or Boulder, one accident could lead to a lawsuit. Renters insurance gives you financial protection from legal claims and medical expenses.
Renters Insurance FAQs
Is renters insurance required in Colorado?
While Colorado doesn’t legally require renters insurance, many landlords include it as a lease requirement. Even when it’s not mandatory, it’s strongly recommended. Renters insurance is one of the most affordable ways to protect your property and avoid costly liability risks. With coverage starting at just a few dollars a month, it’s a smart investment for peace of mind.
What does renters insurance NOT cover?
Renters insurance doesn’t cover damage from floods or earthquakes—those require separate policies. It also won’t pay for damage to the building itself, since that’s the landlord’s responsibility. In addition, general wear and tear or pest-related issues are not typically covered. Our team can help you understand your policy and recommend any needed add-ons for full protection.
How much renters insurance coverage do I need?
Most renters need enough coverage to replace all of their belongings if they were destroyed in a fire or stolen. A simple home inventory can help you estimate this amount. Standard policies often start around $20,000 to $30,000 in personal property coverage, but you may need more if you own high-value items. Liability limits of $100,000 or more are also common and recommended.
Does renters insurance cover roommates?
Typically, a renters insurance policy only covers the named insured and immediate family members. If you have a roommate, they’ll likely need their own policy unless they’re specifically listed on yours. It’s important to clarify this with your provider so no one is left unprotected. RPM can help you structure coverage based on your living situation.
Will renters insurance cover my belongings in storage or during travel?
Yes, most policies offer off-premises coverage, which means your belongings are protected even when they’re temporarily outside your rental—like in your car, storage unit, or hotel room. However, off-premises limits are usually lower than your full policy limit. We’ll help you understand how this works and if you need additional coverage for full protection on the go.