Home & Housing

Renters insurance

ˈrentərz ɪnˈʃʊrəns

noun

What does Renters insurance mean?

Insurance covering a tenant's belongings.

Example sentence

"Renters insurance is only about $15 a month."

American usage tip

Many leases require it.

Related Home & Housing words

Security deposit
Money held by the landlord against damage.
Closing costs
Fees paid when finalizing a home purchase.
Sublet
To rent your rental to someone else.
Sump pump
A pump that removes water from basements.
Smoke detector
An alarm that detects smoke.
Inspection
A professional check of a home's condition before buying.
Appraisal
A professional estimate of a home's value.
Driveway
The private paved area from street to garage.

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