Renters Insurance

Why do I need renters insurance?

Renters insurance provides protection for all your belongings in case something bad happens, like a fire or burglary. While your landlord is responsible for many things in your rental unit (like plumbing and the roof, for example), your personal belongings aren’t covered, even if your landlord has an insurance policy.

What does renters insurance from MetLife Auto Home Cover?

All of our renters insurance policies include:

• Personal property ensures that if something happens and you need to repair or replace your belongings, you’re covered. If there’s a loss, we’ll pay the cost to repair or replace, up the actual cash value of your damaged or stolen property.
• Replacement cost coverage, which will cover you if something happens and you need to repair or replace your property. Our policies don’t deduct for depreciation (up to your coverage amount). This applies to any improvements, additions, or alterations you made to your rental unit at your own expense. 1
• Personal liability protection, which provides $100,000 of coverage (or more, if you choose) if you or someone else is hurt when they’re in your rental unit. It also covers property damage to others that you’re held responsible for. We’ll also cover your legal defense costs.

What other renters insurance features are available?

In some states, we also offer four specialty coverage packages, which can be added to your basic renters policy. These packages cover electronics, musical instruments, recreational/sports equipment, and luxury items and feature broader, all-risk coverage, which means they are protected regardless of where or how they are lost or damaged. We will repair or replace them without deduction for depreciation. 4

• You can choose up to $5,000, $10,000, or $15,000 of coverage depending on the value of your items within these packages.
• In addition to broader coverage, these specialty packages also come with a bonus coverage that provides protection if these items break down or do not work correctly.
• Each specialty coverage package has its own $100 deductible. Choose one or all of these packages, depending on your needs.
• To find out if your state is eligible, contact a MetLife Auto Home representative today.

How can I save on a renters insurance policy from MetLife Auto Home

In addition to our competitive premiums, you may qualify for discounts, including:

• Claim-free discounts—you can save when you don’t have any losses with us. 5
• Multi-policy discount—choose us for your renters and auto coverage, and you’ll be rewarded with our “Home Policy Plus” discount.
• Protective devices discount—if you install safety and security devices in your rental unit, you could secure significant savings.