Allstate® renters insurance protects you and your family in many situations involving the belongings you keep in your rented apartment or home. The most common risks we typically cover include:

Theft
Fire and smoke
Vandalism

The following coverages are part of a standard renters insurance policy:

Personal property coverage
Helps reimburse you if your personal belongings are stolen or destroyed by a fire or other covered peril. It helps cover things like clothing, furniture, your laptop and other electronics – though you may want to opt for scheduled personal property coverage for especially expensive items and collections.
Additional living expenses
Helps pay for your increased living costs if a covered loss makes your rented apartment or home uninhabitable. Those expenses typically include things like food and a temporary place to live.
Liability protection
Helps pay for legal expenses, medical bills and other damages if someone gets injured at your place and sues you.
Guest medical coverage
Helps pay for reasonable and necessary medical expenses, like the cost of X-rays or an ambulance, if a guest is injured in or around your place, even if you're not at fault.

Does renters insurance cover water damage?

Yes, renters insurance covers water damage caused by a range of issues, including plumbing leaks, malfunctioning furnaces, air conditioners or water heaters. It can also cover damage from sudden incidents like burst pipes or leaky roofs.