A common misconception among renters is that their property owner’s insurance protects their personal property. In reality, it only covers the building and not what’s inside a resident’s unit. This misunderstanding can create confusion and hardship after an emergency, especially for residents who may have few financial resources to rebuild.
To support housing organizations in educating both staff and residents, we developed two easy-to-use flyers that explain renters insurance. These resources can be shared during lease-ups, annual recertifications, community meetings, or whenever conversations about preparedness arise.
Without renters insurance, residents may be left unprotected after a fire, flood, or break-in, and housing providers may face difficult questions about responsibility. Having coverage in place not only shields individuals from financial loss but also helps avoid confusion and conflict during emergencies.
Renters insurance is often inexpensive and easy to obtain. By educating residents and encouraging coverage, housing organizations can help strengthen community resilience and recovery.
Be sure to explore the full range of resources we’ve curated on our Resource Center, designed to help you stay informed, prepared, and resilient, ready to handle anything that comes your way confidently.
Sign up for updates from our blog to stay ahead of emerging trends in insurance, risk management, online training, and affordable housing research, and gain access to the latest resources and tools.
This article is for general information only. HAI Group® makes no representation or warranty about the accuracy or applicability of this information for any particular use or circumstance. Your use of this information is at your own discretion and risk. HAI Group® and any author or contributor identified herein assume no responsibility for your use of this information. You should consult with your attorney or subject matter advisor before adopting any risk management strategy or policy.
HAI Group® is a marketing name used to refer to insurers, a producer, and related service providers affiliated through a common mission, management, and governance. Property-casualty insurance and related services are written or provided by Housing Authority Property Insurance, A Mutual Company; Housing Enterprise Insurance Company, Inc.; Housing Specialty Insurance Company, Inc.; Housing Investment Group, Inc.; and Housing Insurance Services (DBA Housing Insurance Agency Services in NY and MI).