Skip to Content

Renter’s Rights

Do you know you have rights as a renter? Take the quiz below from to test your knowledge. Learn more today about what you’re responsible for in conjunction to your landlord.
Question #1: What’s covered by a renters insurance policy?
A. Theft
B. Vandalism
C. Fire
D. All of the above
Question #2: Renters insurance personal property coverage does not include which of the following?
A. Clothing
B. Furniture
C. Automobiles
D. Electronic equipment
Question #3: Which is the best way to save on your renters insurance premiums?
A. Decrease your deductible.
B. Apply for a multi policy discount with your current insurer.
C. Increase your deductible.
D. Increase your policy limits.
Question #4: Which of these hazardous conditions are not covered by a standard renters policy?
A. Hail damage
B. Flood damage
C. Wind damage
D. Fire damage
Question #5: Which of the following hazards can be covered by special endorsements on your policy?
A. Floods
B. Earthquakes
C. Hurricanes
D. All of the above.
Question #6: Which of the following can renters insurance liability coverage protect you against?
A. An at fault auto accident in the parking lot outside your apartment building.
B. Accidental bodily injury suffered by someone who is a guest at your home.
C. Intentional damage you have done to someone else’s property.
D. Loss of your property in a fire.
Question #7: Does renters insurance pay for the cost of moving?
A. Yes
B. No
C. Sometimes
D. It depends.
Question #8: What’s the difference between ACV and replacement coverage?
A. Nothing. They’re synonyms.
B. ACV offers better coverage.
C. Replacement coverage is cheaper.
D. None of the above.
Question #9: How do deductibles affect claim payouts?
A. They don’t.
B. Deductibles are added to payouts.
C. Deductibles are subtracted from payouts.
D. None of the above.
Question #10: How should you determine the limits of your policy?
A. An educated guess.
B. Trust your agent.
C. Take an inventory.
D. Look at your neighbor’s policy.
Question #11: What is the legal penalty for not carrying renters insurance?
A. A monetary fine.
B. Probation
C. Eviction
D. None of the above.
Question #12: How can landlord ensure their tenants are insured?
A. Ask them politely.
B. Write it into the lease.
C. Sue them.
D. All of the above.
Question #13: Why should a renter get insured?
A. Protection against theft.
B. Legal help with liability.
C. Safeguard against property loss.
D. All of the above.
Question #14: What does landlord’s insurance cover?
A. Tenant’s property.
B. Physical structure of the building.
C. Injuries to guests in rentals.
D. Parking lot break ins.
Question #15: Which of the following would be covered by renters insurance?
A. Backing in to another car in the parking lot.
B. Breaking your neighbor’s window while playing catch.
C. Losing your wallet.
D. None of the above.
Question #16: How do you buy renters insurance?
A. From your landlord.
B. At the pharmacy.
C. Online.
D. At an insurance agency.
Question #17: What’s included in a property inventory?
A. A list of what you own.
B. Photographs.
C. Purchase receipts.
D. All of the above.
Question #18: What’s the limit of property coverage?
A. $20,000
B. $30,000
C. $100,000
D. It depends.
Question #19: Who needs renters insurance?
A. College students living off campus.
B. Seniors in assisted living homes.
C. Large families.
D. All of the above.
Question #20: How can I get a great deal on a policy?
A. Random luck.
B. Begging an agent.
C. Gathering quotes online.
D. Carry minimal coverage.
Answer 1: D. Renters insurance property damage protection includes provisions for losses due to theft, vandalism, fire, and a host of other covered causes.
Answer 2: C. Although personal property coverage in a renters policy is quite extensive it does not include damage to your car. This is sort of a trick question, however. If your vehicle is broken into on your rental premises, the loss to personal items stolen can be claimed on your renters insurance plan.
Answer 3: B and C. Multi policy discounts can sometimes save renters quite a bit of money on both policies. Increasing your deductible is another money saving strategy, but it does have its drawbacks.
Answer 4: B. Flood damage is not included among the events covered in a standard renters insurance plan. In flood prone areas, it is advisable to add flood coverage. The extra cost might drive up your premium substantially, but could be worth it just for the peace of mind it can give you.
Answer 5: D. We have already learned that flood protection is available, but there are a number of hazard types against which you can be insured as a renter for an additional cost above what you pay for your standard policy. Depending on where you live, these riders may be a great investment to protect yourself as a renter.
Answer 6: B. Even if the injury suffered by a friend or extended relative at your rented home was accidental, you still could be found liable for medical costs. An example could be a guest at your home tripping over someone else’s shoes upon entering the front door. The fall could result in a broken hand requiring medical attention. Even if the injury was not directly due to your negligence as the tenant of the property, you still could be held responsible for paying the injured guest’s medical bills stemming from the accident.
Answer 7: C and D. If your home becomes unlivable due to a covered event such as a fire, you may be able to receive assistance with moving costs and certain other expenses depending on the specifics of your policy.
Answer 8: D. Replacement coverage in a personal property policy does not depreciate the value of items the way ACV coverage does. It costs more, but provides better coverage.
Answer 9: C or D, depending on how loosely you define the payout process. The deductible must be met before any payment can be issued on a policy claim.
Answer 10: C. Taking inventory of your possessions can be done rather quickly and easily.
Answer 11: D. States do not require renters insurance. It is an optional form of coverage.
Answer 12: B. Landlords can require renters insurance from their tenants as a term of the lease agreement.
Answer 13: D. There are many benefits to renters insurance, like property and liability protection.
Answer 14: B. Landlords are generally responsible for the physical building but not the tenant’s property or accidents inside unless their negligence causes the accidents.
Answer 15: B. Liability coverage in a renters policy includes provisions for unintentional property damage.
Answer 16: C and D. You can find renters insurance online as well as an agency, but you can generally find better prices online.
Answer 17: D. Property inventories are critical when claims arise. Be sure to keep them in a safe place, such as a safe deposit box.
Answer 18: D. Policy limits are adjustable. There are defaults, but you can increase limits as needed.
Answer 19: D. Every renter needs this critical protection.
Answer 20: C is the best choice. Gather multiple free quotes and make providers fight for your business!

We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.

The Neighborly Done Right Promise

The Neighborly Done Right Promise ® delivered by Real Property Management, a proud Neighborly company

When it comes to finding the right property manager for your investment property, you want to know that they stand behind their work and get the job done right – the first time. At Real Property Management we have the expertise, technology, and systems to manage your property the right way. We work hard to optimize your return on investment while preserving your asset and giving you peace of mind. Our highly trained and skilled team works hard so you can be sure your property's management will be Done Right.

Canada excluded. Services performed by independently owned and operated franchises.

See Full Details