{"id":21455,"date":"2022-05-15T13:49:29","date_gmt":"2022-05-15T13:49:29","guid":{"rendered":"https:\/\/www.lemonade.com\/blog\/?post_type=article&#038;p=21455"},"modified":"2025-02-27T11:04:56","modified_gmt":"2025-02-27T11:04:56","slug":"what-is-renters-insurance-and-what-does-it-cover","status":"publish","type":"article","link":"https:\/\/www.lemonade.com\/blog\/what-is-renters-insurance-and-what-does-it-cover\/","title":{"rendered":"What Is Renters Insurance, and What Does It Cover?"},"content":{"rendered":"\n<p>For millions of renters, \u201crenters insurance\u201d is just another way of saying \u201cpeace of mind.\u201d At its core, renters insurance offers you financial help if bad things happen to you or your stuff. In exchange, you pay monthly or yearly payments (known as your \u201cpremium\u201d) to your insurance company.<\/p>\n\n\n\n<p>We say that an insurance policy \u201ccovers\u201d you from unfortunate incidents, like fires or bites from an out-of-control dog. Of course, your insurer can\u2019t <em>prevent <\/em>those bad things from happening, but by providing compensation for covered events, it can make dealing with the aftermath far less expensive and stressful.&nbsp;<\/p>\n\n\n<div id=\"article-cta-block_627a21b88ead7\" class=\"article-cta\">\n    <p class=\"article-cta-text\">Get Lemonade Renters Insurance<\/p>\n    <a class=\"article-cta-button content_article_cta\" data-track=\"content_article.cta.clicked\" href=\" https:\/\/www.lemonade.com\/onboarding\/start?p=home_us_renters\">Sign Up Now<\/a>\n    <style type=\"text\/css\">\n        #article-cta-block_627a21b88ead7 {\n            height: 80px;\n            width: 100%;\n            max-width: 700px;\n            display: flex;\n            flex-flow: row;\n            align-items: center;\n            justify-content: space-around;\n            background: #F7F7F7;\n            border: 1px solid #ECECEC;\n            border-radius: 5px;\n            padding: 15px 15px 15px 30px!important;\n            cursor: pointer;\n        }\n\n        .article-cta-text {\n            width: 100%;\n            max-width: 450px;\n            display: flex;\n            font: 700 20px\/28px \"Lato\", \"Helvetica Neue\", Arial, sans-serif!important;\n            margin: 25px 0 25px!important;\n            text-align: left;\n        }\n\n        .article-cta-button {\n            display: flex;\n            align-items: center;\n            justify-content: center;\n            height: 47px;\n            width: 212px;\n            padding: 0px 25px;\n            box-shadow: 0 4px 8px 0 rgb(255 0 131 \/ 20%);\n            border-radius: 5px;\n            margin-left: 40px;\n            font: 700 1rem \"Lato\",\"Helvetica Neue\",Arial,sans-serif;\n            position: relative;\n            text-decoration: none;\n            text-transform: uppercase;\n            overflow: hidden;\n            white-space: nowrap;\n            text-overflow: ellipsis;\n            user-select: none;\n            transition: background-color .3s,color .3s,border-color .3s;\n            background-color: #ff0083;\n            color: #fff!important;\n            border: 0;\n            box-shadow: 0 10px 40px -10px rgb(255 0 131 \/ 50%);\n            transform: translateY(0);\n            transition: all .2s,transform .5s;\n        }\n\n        .article-cta-button:hover {\n            background-color: #dc0073;\n            text-decoration: none!important;\n        }\n\n        \/* mobile tweaks *\/\n        @media only screen and (max-width: 768px){\n            #article-cta-block_627a21b88ead7 {\n                font: 700 22px\/27px \"Lato\", \"Helvetica Neue\", Arial, sans-serif;\n                min-height: 220px;\n                height: 100%;\n                padding: 15px 15% 31px;\n                width: 100%;\n                display: flex;\n                flex-flow: column;\n                align-items: center;\n                justify-content: center;\n                padding: 15px 15px 15px 15px!important;\n            }\n\n            .article-cta-text {\n                display: flex;\n                align-items: center;\n                width: 100%;\n                max-width: 230px;\n                text-align: center;\n                margin-top: 0;\n            }\n\n            .article-cta-button {\n                margin-left: 0;\n            }\n        }\n        \n\n    <\/style>\n<\/div>\n\n\n<h3 class=\"wp-block-heading\"><strong>What does renters insurance cover?<\/strong><\/h3>\n\n\n\n<p>A <a href=\"https:\/\/www.lemonade.com\/renters\/explained\/ho4\/\">typical renters insurance policy<\/a> has three main coverage categories: personal property, temporary living expenses, and personal liability &amp; medical bills.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><em>Personal property<\/em><\/h4>\n\n\n\n<p>This type of coverage helps you recover the cost of lost or damaged valuables if various unpleasant or unexpected things happen. Think kitchen fires, lightning, windstorms, hail, smoke, vandalism, theft (at home or elsewhere), freezing, damage from aircraft or vehicles, and riots\u2014to name a few.<\/p>\n\n\n\n<p>Just keep in mind that if the stuff in your apartment belongs to your <em>landlord<\/em>, it isn\u2019t covered under your policy.&nbsp;<\/p>\n\n\n\n<p>And your renters insurance policy doesn\u2019t extend to stuff that any roommates own; they\u2019d have to get their own individual policies.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><em>Temporary living expenses<\/em><\/h4>\n\n\n\n<p>If you\u2019re required to leave your home in the aftermath of a covered event, most renters insurance policies will cover these and other expenses, possibly including cash you need to spend on food and laundry.&nbsp;<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><em>Personal liability &amp; medical bills<\/em><\/h4>\n\n\n\n<p>Renters insurance coverage extends to instances in which someone gets hurt at your place in an accident\u2014whether that means hospital bills or legal fees from a lawsuit. It also extends to certain damages that you may cause when you\u2019re away from your home.<\/p>\n\n\n<div id=\"article-cta-block_627a21eb8ead8\" class=\"article-cta\">\n    <p class=\"article-cta-text\">Get Covered with Lemonade<\/p>\n    <a class=\"article-cta-button content_article_cta\" data-track=\"content_article.cta.clicked\" href=\" https:\/\/www.lemonade.com\/onboarding\/start?p=home_us_renters\">Sign Up Now<\/a>\n    <style type=\"text\/css\">\n        #article-cta-block_627a21eb8ead8 {\n            height: 80px;\n            width: 100%;\n            max-width: 700px;\n            display: flex;\n            flex-flow: row;\n            align-items: center;\n            justify-content: space-around;\n            background: #F7F7F7;\n            border: 1px solid #ECECEC;\n            border-radius: 5px;\n            padding: 15px 15px 15px 30px!important;\n            cursor: pointer;\n        }\n\n        .article-cta-text {\n            width: 100%;\n            max-width: 450px;\n            display: flex;\n            font: 700 20px\/28px \"Lato\", \"Helvetica Neue\", Arial, sans-serif!important;\n            margin: 25px 0 25px!important;\n            text-align: left;\n        }\n\n        .article-cta-button {\n            display: flex;\n            align-items: center;\n            justify-content: center;\n            height: 47px;\n            width: 212px;\n            padding: 0px 25px;\n            box-shadow: 0 4px 8px 0 rgb(255 0 131 \/ 20%);\n            border-radius: 5px;\n            margin-left: 40px;\n            font: 700 1rem \"Lato\",\"Helvetica Neue\",Arial,sans-serif;\n            position: relative;\n            text-decoration: none;\n            text-transform: uppercase;\n            overflow: hidden;\n            white-space: nowrap;\n            text-overflow: ellipsis;\n            user-select: none;\n            transition: background-color .3s,color .3s,border-color .3s;\n            background-color: #ff0083;\n            color: #fff!important;\n            border: 0;\n            box-shadow: 0 10px 40px -10px rgb(255 0 131 \/ 50%);\n            transform: translateY(0);\n            transition: all .2s,transform .5s;\n        }\n\n        .article-cta-button:hover {\n            background-color: #dc0073;\n            text-decoration: none!important;\n        }\n\n        \/* mobile tweaks *\/\n        @media only screen and (max-width: 768px){\n            #article-cta-block_627a21eb8ead8 {\n                font: 700 22px\/27px \"Lato\", \"Helvetica Neue\", Arial, sans-serif;\n                min-height: 220px;\n                height: 100%;\n                padding: 15px 15% 31px;\n                width: 100%;\n                display: flex;\n                flex-flow: column;\n                align-items: center;\n                justify-content: center;\n                padding: 15px 15px 15px 15px!important;\n            }\n\n            .article-cta-text {\n                display: flex;\n                align-items: center;\n                width: 100%;\n                max-width: 230px;\n                text-align: center;\n                margin-top: 0;\n            }\n\n            .article-cta-button {\n                margin-left: 0;\n            }\n        }\n        \n\n    <\/style>\n<\/div>\n\n\n<h3 class=\"wp-block-heading\"><strong>Limits &amp; deductibles<\/strong><\/h3>\n\n\n\n<p>When you file a claim on your Lemonade Renters policy, it\u2019s important to keep coverage limits and your deductible in mind.<\/p>\n\n\n\n<p>Your deductible is the set amount you\u2019ve agreed to contribute to every claim before you\u2019ll receive compensation for your loss. When you sign up with Lemonade, you\u2019ll be able to pick a deductible between $250 and $2,500. (A lower deductible will equal a higher monthly premium, since you\u2019ll owe less out-of-pocket in the event of a covered claim.)<\/p>\n\n\n\n<p>Each category of coverage also has its own limits, and occasionally sublimits. For instance, you can choose $10,000 of personal property coverage. If your apartment is robbed and all your belongings are taken, your insurer would compensate you for the loss up to that $10,000 limit (after taking your deductible into account).<\/p>\n\n\n<div id=\"article-cta-block_627a22138ead9\" class=\"article-cta\">\n    <p class=\"article-cta-text\">Protect Your Stuff with Lemonade<\/p>\n    <a class=\"article-cta-button content_article_cta\" data-track=\"content_article.cta.clicked\" href=\" https:\/\/www.lemonade.com\/onboarding\/start?p=home_us_renters\">Sign Up Now<\/a>\n    <style type=\"text\/css\">\n        #article-cta-block_627a22138ead9 {\n            height: 80px;\n            width: 100%;\n            max-width: 700px;\n            display: flex;\n            flex-flow: row;\n            align-items: center;\n            justify-content: space-around;\n            background: #F7F7F7;\n            border: 1px solid #ECECEC;\n            border-radius: 5px;\n            padding: 15px 15px 15px 30px!important;\n            cursor: pointer;\n        }\n\n        .article-cta-text {\n            width: 100%;\n            max-width: 450px;\n            display: flex;\n            font: 700 20px\/28px \"Lato\", \"Helvetica Neue\", Arial, sans-serif!important;\n            margin: 25px 0 25px!important;\n            text-align: left;\n        }\n\n        .article-cta-button {\n            display: flex;\n            align-items: center;\n            justify-content: center;\n            height: 47px;\n            width: 212px;\n            padding: 0px 25px;\n            box-shadow: 0 4px 8px 0 rgb(255 0 131 \/ 20%);\n            border-radius: 5px;\n            margin-left: 40px;\n            font: 700 1rem \"Lato\",\"Helvetica Neue\",Arial,sans-serif;\n            position: relative;\n            text-decoration: none;\n            text-transform: uppercase;\n            overflow: hidden;\n            white-space: nowrap;\n            text-overflow: ellipsis;\n            user-select: none;\n            transition: background-color .3s,color .3s,border-color .3s;\n            background-color: #ff0083;\n            color: #fff!important;\n            border: 0;\n            box-shadow: 0 10px 40px -10px rgb(255 0 131 \/ 50%);\n            transform: translateY(0);\n            transition: all .2s,transform .5s;\n        }\n\n        .article-cta-button:hover {\n            background-color: #dc0073;\n            text-decoration: none!important;\n        }\n\n        \/* mobile tweaks *\/\n        @media only screen and (max-width: 768px){\n            #article-cta-block_627a22138ead9 {\n                font: 700 22px\/27px \"Lato\", \"Helvetica Neue\", Arial, sans-serif;\n                min-height: 220px;\n                height: 100%;\n                padding: 15px 15% 31px;\n                width: 100%;\n                display: flex;\n                flex-flow: column;\n                align-items: center;\n                justify-content: center;\n                padding: 15px 15px 15px 15px!important;\n            }\n\n            .article-cta-text {\n                display: flex;\n                align-items: center;\n                width: 100%;\n                max-width: 230px;\n                text-align: center;\n                margin-top: 0;\n            }\n\n            .article-cta-button {\n                margin-left: 0;\n            }\n        }\n        \n\n    <\/style>\n<\/div>\n\n\n<h3 class=\"wp-block-heading\"><strong>Let&#8217;s get a little Extra<\/strong><\/h3>\n\n\n\n<p>So now you\u2019ve got a pretty good idea of what renters insurance covers. But what if you want to amp up the coverage you have for certain specific items that are especially valuable? In insurance terms, that\u2019s known as adding scheduled personal property coverage.&nbsp;<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"395\" height=\"697\" src=\"https:\/\/www.lemonade.com\/blog\/wp-content\/uploads\/2019\/09\/c3edd0c4-248a-41a4-9973-73c7fbd70611_adding-extra-coverage201.gif\" alt=\"\" class=\"wp-image-7366\"\/><\/figure>\n<\/div>\n\n\n<p>At Lemonade,&nbsp; we simply refer to it as <a href=\"https:\/\/www.lemonade.com\/homeowners\/explained\/scheduled-personal-property-coverage\/\">Extra Coverage<\/a>.<\/p>\n\n\n\n<p>For an extra charge, you can apply to add Extra Coverage to<a href=\"https:\/\/www.lemonade.com\/renters\/explained\/jewelry-insurance\/\"> jewelry<\/a> as well as valuables like<a href=\"https:\/\/www.lemonade.com\/renters\/explained\/bicycle-insurance\/\"> bikes<\/a>,<a href=\"https:\/\/www.lemonade.com\/renters\/explained\/camera-insurance\/\"> cameras<\/a>,<a href=\"https:\/\/www.lemonade.com\/homeowners\/explained\/art-insurance\/\"> fine art<\/a>, and<a href=\"https:\/\/www.lemonade.com\/renters\/explained\/musical-instrument-insurance-explained\/\"> musical instruments<\/a>. Better yet, your claims are deductible-free and you\u2019re even covered for accidental damage or mysterious loss of your property\u2014just not regular wear-and-tear.<\/p>\n\n\n<div id=\"article-cta-block_627a22bc8eada\" class=\"article-cta\">\n    <p class=\"article-cta-text\">Cover Your Valuables with Lemonade<\/p>\n    <a class=\"article-cta-button content_article_cta\" data-track=\"content_article.cta.clicked\" href=\" https:\/\/www.lemonade.com\/onboarding\/start?p=home_us_renters\">Sign Up Now<\/a>\n    <style type=\"text\/css\">\n        #article-cta-block_627a22bc8eada {\n            height: 80px;\n            width: 100%;\n            max-width: 700px;\n            display: flex;\n            flex-flow: row;\n            align-items: center;\n            justify-content: space-around;\n            background: #F7F7F7;\n            border: 1px solid #ECECEC;\n            border-radius: 5px;\n            padding: 15px 15px 15px 30px!important;\n            cursor: pointer;\n        }\n\n        .article-cta-text {\n            width: 100%;\n            max-width: 450px;\n            display: flex;\n            font: 700 20px\/28px \"Lato\", \"Helvetica Neue\", Arial, sans-serif!important;\n            margin: 25px 0 25px!important;\n            text-align: left;\n        }\n\n        .article-cta-button {\n            display: flex;\n            align-items: center;\n            justify-content: center;\n            height: 47px;\n            width: 212px;\n            padding: 0px 25px;\n            box-shadow: 0 4px 8px 0 rgb(255 0 131 \/ 20%);\n            border-radius: 5px;\n            margin-left: 40px;\n            font: 700 1rem \"Lato\",\"Helvetica Neue\",Arial,sans-serif;\n            position: relative;\n            text-decoration: none;\n            text-transform: uppercase;\n            overflow: hidden;\n            white-space: nowrap;\n            text-overflow: ellipsis;\n            user-select: none;\n            transition: background-color .3s,color .3s,border-color .3s;\n            background-color: #ff0083;\n            color: #fff!important;\n            border: 0;\n            box-shadow: 0 10px 40px -10px rgb(255 0 131 \/ 50%);\n            transform: translateY(0);\n            transition: all .2s,transform .5s;\n        }\n\n        .article-cta-button:hover {\n            background-color: #dc0073;\n            text-decoration: none!important;\n        }\n\n        \/* mobile tweaks *\/\n        @media only screen and (max-width: 768px){\n            #article-cta-block_627a22bc8eada {\n                font: 700 22px\/27px \"Lato\", \"Helvetica Neue\", Arial, sans-serif;\n                min-height: 220px;\n                height: 100%;\n                padding: 15px 15% 31px;\n                width: 100%;\n                display: flex;\n                flex-flow: column;\n                align-items: center;\n                justify-content: center;\n                padding: 15px 15px 15px 15px!important;\n            }\n\n            .article-cta-text {\n                display: flex;\n                align-items: center;\n                width: 100%;\n                max-width: 230px;\n                text-align: center;\n                margin-top: 0;\n            }\n\n            .article-cta-button {\n                margin-left: 0;\n            }\n        }\n        \n\n    <\/style>\n<\/div>\n\n\n<h3 class=\"wp-block-heading\"><strong>What <em>isn&#8217;t <\/em>covered by renters insurance?<\/strong><\/h3>\n\n\n\n<h4 class=\"wp-block-heading\"><em>Natural disasters like floods and earthquakes<\/em><\/h4>\n\n\n\n<p>Is your apartment in a place where <a href=\"https:\/\/www.lemonade.com\/renters\/explained\/renters-insurance-questions-answered\/\">flooding, sinkholes, or earthquakes<\/a> strike on the regular? Basic renters insurance generally won\u2019t cover damage from such natural disasters.<\/p>\n\n\n\n<p>You can purchase a separate <a href=\"https:\/\/www.lemonade.com\/homeowners\/explained\/flood-insurance\/\">flood insurance<\/a> policy through other insurers; meanwhile, Lemonade offers standalone earthquake coverage in certain states.&nbsp;&nbsp;<\/p>\n\n\n\n<p>Note that certain natural disasters (like volcanic eruption, wildfire, or tornados) will indeed be covered by a renters insurance policy. But damages and related expenses from certain occurrences\u2014like widespread <a href=\"https:\/\/www.lemonade.com\/renters\/explained\/texas-power-outages-insurance\/\">power outages<\/a>\u2014won\u2019t be.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><em>Car-related theft<\/em><\/h4>\n\n\n\n<p>You park your Volvo at the corner and leave your phone on the passenger seat. If someone pulls an old-fashioned smash-and-grab to get your iPhone X, renters insurance has your back for the device.<\/p>\n\n\n\n<p>But renters insurance won\u2019t cover damage to the car itself, like your broken window (for that, your car insurance <a href=\"https:\/\/www.lemonade.com\/car\/explained\/comprehensive-coverage\/\">coverage<\/a> could come in handy). Renters insurance doesn\u2019t cover motor vehicles in general\u2014<a href=\"https:\/\/www.lemonade.com\/renters\/explained\/ebike-insurance-explained\/\">but it will cover certain classes of e-bikes<\/a>. Motorized devices used for health purposes, like motorized wheelchairs or scooters, may also be covered.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><em>Undocumented items<\/em><\/h4>\n\n\n\n<p>Insurance companies do require some amount of proof that an item you\u2019re filing a claim for actually existed, and was in your possession.<\/p>\n\n\n\n<p>Keep receipts, if you think of it, or try to take pics of your valuables on your phone.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><em>Damage from pests<\/em><\/h4>\n\n\n\n<p>Sorry, renters insurance won\u2019t kick in for damage related to mice, rats, or insects.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><em>Most property damage to your physical home<\/em><\/h4>\n\n\n\n<p>Renters insurance doesn\u2019t cover the physical building that holds your stuff. That\u2019s what your <a href=\"https:\/\/www.lemonade.com\/homeowners\/explained\/what-is-landlord-insurance\/\">landlord\u2019s insurance<\/a> is for.<\/p>\n\n\n\n<p>However, in certain circumstances your renters insurance would indeed kick in. For instance, if your actions lead to damage to your rented apartment due to fire, smoke, an explosion, or certain water damage.<\/p>\n\n\n<div id=\"article-cta-block_627a22e08eadb\" class=\"article-cta\">\n    <p class=\"article-cta-text\">Get Lemonade Renters Insurance<\/p>\n    <a class=\"article-cta-button content_article_cta\" data-track=\"content_article.cta.clicked\" href=\" https:\/\/www.lemonade.com\/onboarding\/start?p=home_us_renters\">Sign Up Now<\/a>\n    <style type=\"text\/css\">\n        #article-cta-block_627a22e08eadb {\n            height: 80px;\n            width: 100%;\n            max-width: 700px;\n            display: flex;\n            flex-flow: row;\n            align-items: center;\n            justify-content: space-around;\n            background: #F7F7F7;\n            border: 1px solid #ECECEC;\n            border-radius: 5px;\n            padding: 15px 15px 15px 30px!important;\n            cursor: pointer;\n        }\n\n        .article-cta-text {\n            width: 100%;\n            max-width: 450px;\n            display: flex;\n            font: 700 20px\/28px \"Lato\", \"Helvetica Neue\", Arial, sans-serif!important;\n            margin: 25px 0 25px!important;\n            text-align: left;\n        }\n\n        .article-cta-button {\n            display: flex;\n            align-items: center;\n            justify-content: center;\n            height: 47px;\n            width: 212px;\n            padding: 0px 25px;\n            box-shadow: 0 4px 8px 0 rgb(255 0 131 \/ 20%);\n            border-radius: 5px;\n            margin-left: 40px;\n            font: 700 1rem \"Lato\",\"Helvetica Neue\",Arial,sans-serif;\n            position: relative;\n            text-decoration: none;\n            text-transform: uppercase;\n            overflow: hidden;\n            white-space: nowrap;\n            text-overflow: ellipsis;\n            user-select: none;\n            transition: background-color .3s,color .3s,border-color .3s;\n            background-color: #ff0083;\n            color: #fff!important;\n            border: 0;\n            box-shadow: 0 10px 40px -10px rgb(255 0 131 \/ 50%);\n            transform: translateY(0);\n            transition: all .2s,transform .5s;\n        }\n\n        .article-cta-button:hover {\n            background-color: #dc0073;\n            text-decoration: none!important;\n        }\n\n        \/* mobile tweaks *\/\n        @media only screen and (max-width: 768px){\n            #article-cta-block_627a22e08eadb {\n                font: 700 22px\/27px \"Lato\", \"Helvetica Neue\", Arial, sans-serif;\n                min-height: 220px;\n                height: 100%;\n                padding: 15px 15% 31px;\n                width: 100%;\n                display: flex;\n                flex-flow: column;\n                align-items: center;\n                justify-content: center;\n                padding: 15px 15px 15px 15px!important;\n            }\n\n            .article-cta-text {\n                display: flex;\n                align-items: center;\n                width: 100%;\n                max-width: 230px;\n                text-align: center;\n                margin-top: 0;\n            }\n\n            .article-cta-button {\n                margin-left: 0;\n            }\n        }\n        \n\n    <\/style>\n<\/div>\n\n\n<h3 class=\"wp-block-heading\"><strong>Some common misconceptions about renters insurance<\/strong><\/h3>\n\n\n\n<p>Let\u2019s take a spin through what a lot of people get wrong about renters insurance.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Your landlord\u2019s policy covers the physical structure of their building and any furnishings\/appliances the landlord may own inside, like the fridge or stove\u2026 but it <em>doesn\u2019t<\/em> cover you or any damages that occur to your MacBook, digital camera, or single-speed bike.<\/li>\n\n\n\n<li>Maybe you\u2019re still on your parents\u2019 health insurance plan, but when it comes to renters or homeowners insurance coverage, things don\u2019t work that way. Your folks\u2019 policy will <em>not<\/em> cover you and your stuff in your new apartment.<\/li>\n\n\n\n<li>Why get renters insurance if you\u2019re basically never at home? The reason is that your policy has your back whether you\u2019re at your apartment or at a bar, coffee shop, airport, party boat, skate park, mall, subway car, silent rave, therapist\u2019s office\u2026 you get the idea.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Can you update coverage once you\u2019ve already purchased a policy?<\/strong><\/h3>\n\n\n\n<p>Of course! Lemonade lets you update your own coverage, anytime, on the Lemonade app or website. No agents, no waiting on hold, no stress.<\/p>\n\n\n\n<p>\u200b\u200bIf you\u2019re logging in through the web, head over to Lemonade.com and click on \u201cMy Account.\u201dScroll down to the\u201cGot Valuables\u201d section and click the \u201cAdd Now\u201d button.<\/p>\n\n\n\n<p>If you\u2019re using the Lemonade mobile app, select your intended policy and scroll to the \u201cAdd-Ons\u201d tab, where you\u2019ll find \u201cExtra Coverage\u201d as the first option.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Getting your renters insurance quote<\/strong><\/h3>\n\n\n\n<p>The price you\u2019re offered for renters insurance\u2014known as your quote\u2014depends on a constellation of factors. 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