Your landlord requires $100,000 in liability coverage, but do you really need it?

Your landlord requires $100,000 in liability coverage, but do you really need it?

If your landlord requires renters insurance, it’s not just because they want to make sure you can replace your personal belongings if they’re damaged or stolen. From their perspective, one of the most important parts of your policy is the liability insurance — the coverage that kicks in when you’re responsible for damage to their property or accidental injury to others. And in most cases, they’ll require a minimum of $100,000 in coverage for those situations.

If your landlord requires renters insurance, it’s not just because they want to make sure you can replace your personal belongings if they’re damaged or stolen. From their perspective, one of the most important parts of your policy is the liability insurance — the coverage that kicks in when you’re responsible for damage to their property or accidental injury to others. And in most cases, they’ll require a minimum of $100,000 in coverage for those situations.

LOOKING OUT FOR LIABILITY ISSUES

Why do landlords require $100,000 in liability coverage?

Accidents happen.

  

Protection for life’s little mishaps

  

Coverage that goes beyond your personal belongings

At first glance, $100,000 might seem like a high minimum requirement for liability coverage. But let’s say you’re making dinner at home, and you get a call from the FedEx delivery person saying they’re downstairs and need a signature. In the five minutes it takes you to catch the elevator, pick up your delivery, and get back to the kitchen, the flame from your stove has started a fire. That fire could easily cause thousands of dollars worth of damage — and a lot more if it spreads to other units in the building. Most of us wouldn’t have the funds to cover the necessary repairs out of pocket, but liability coverage would help foot the bill.

Medical bills and legal fees aren’t cheap.

  

Help for when your visitors get injured

  

Backup in case you get sued

Liability coverage doesn’t just protect property. It can also protect your friends and visitors if they’re injured while visiting you. So if someone slips and falls on that rug you’ve been meaning to put an adhesive mat under? Your policy could help with that hospital bill. And if a visitor sues after being bitten by your new (not yet trained) puppy? Depending on the breed, your policy could help cover the legal fees.

Liability coverage can save everyone money.

  

Liability coverage for a low monthly premium

  

Adjustable plans to fit your budget

Getting renters insurance with $100,000 liability coverage might sound like an expensive investment. But with Jetty, it doesn’t have to be. Even our most basic plan includes $100,000 in liability coverage, and it starts at just $5/month. Compare that to the bill you could be facing after a kitchen fire or a friend’s veggie-dicing incident, and it’s a smart financial choice all around.

FULLY CUSTOMIZABLE PLANS

What other types of coverage do you need?

If your landlord requires $100,000 in liability coverage, you might be inclined to get the cheapest policy you can find that offers that protection. But the bare minimum isn’t always the best option. There are a few other types of coverage to consider before signing up for a plan.

Protection for your things

A renters insurance policy protects everyday items like furniture, clothing, and appliances. So if something happens to them (whether as a result of a fire, theft, or even a burst pipe), renters insurance would likely help pay the replacement cost. With Jetty, you can also add extra protection for items that aren’t fully covered under standard plans in the form of Power-Ups. Prone to shattered phone screens? Add the Portable Electronics Power-Up. Nervous about losing your shiny new engagement ring? Protect it with the Valuables Power-Up.

Assistance with living expenses

If a kitchen fire damages your apartment (and your neighbor’s), your contents and liability coverage will help pay for your damaged items and the repairs respectively. But what if your apartment is uninhabitable while those repairs are being made? That’s where loss of use coverage kicks in. We’ll help you pay for the reasonable increase in your living expenses, like a hotel, transit costs, and even food.

Coverage on the go

Renters insurance can protect you even when you aren’t home. So if your luggage gets stolen at the airport, your policy can help you replace it. And if you’ve added Power-Ups to your plan, those travel with you, too—meaning that if you drop your iPhone into an ocean halfway around the world, Jetty still has your back.

1

Get a quote.

Jetty’s Quick Quote process delivers quotes for renters insurance in 30 seconds or less — and even our most basic plans include $100,000 in liability coverage.

2

Customize.

Adjust your plan to make sure you have all the coverage you need without paying for coverage you don’t.

3

Get insured.

Lock in your rate, and start protecting your assets with liability coverage.

Frequently Asked Questions

Q.
What parts of my renters insurance plan with $100,000 in liability can I customize?
A.

At Jetty, we know everyone has different needs. That’s why we let you customize virtually all elements of your plan, from your coverage limits to your deductible.

Q.
Can I add my landlord to my renters insurance?
A.

If your landlord requires $100,000 in liability coverage, they’ll likely want proof that your renters insurance policy includes it. With Jetty, you can add them as an additional interest, meaning they’ll have rights to information about your plan.

Q.
Do you offer proof of renters liability coverage?
A.

Sure thing. Jetty e-mails full PDF documentation to your inbox as soon as you sign up. If you lose track of the file, you can always download it again from your account.

Q.
What other coverage does my renters insurance plan include?
A.

Liability coverage is only part of the protection you gain when you sign up for renters insurance. A basic plan from Jetty also offers the following areas of coverage:

Contents coverage

Covers personal belongings.

Loss of use coverage

Helps with living costs if your place suddenly becomes uninhabitable due to a covered incident and you’re forced to temporarily stay elsewhere.

Medical payments to others coverage

Kicks in if a guest is injured and has medical bills, even if you’re not legally at fault.

You can also add extra protection to your renters insurance plan in the form of Jetty Power-Ups. These bonus coverages (known as “endorsements” in the industry) include the Portable Electronics Power-Up, the Valuables Protection Power-Up, and the Bedbugs Coverage Power-Up. Add the extras you need to design the perfect plan.

Q.
Why is renters insurance with liability coverage important?
A.

Protecting yourself financially is important, but it doesn’t need to be expensive. With renters insurance that has $100,000 in liability coverage, you can rest assured that you’re protected in case something happens.

Q.
Why are people switching to Jetty for renters insurance plans with $100,000 in liability coverage?
A.

Jetty’s liability coverage for renters is unique for a few reasons. First, because we operate online, we don’t have to pay for brick-and-mortar offices. That means we can pass the savings on to you. Plus, our mobile-friendly sign up process makes it easy to get insured whenever (and wherever) is most convenient for you.

reviews

Still on the fence?
Here’s why Jetty Members love us.

4.7

  
  
  
  
  
  
  
  
  
  

From 321 verified reviews.

  
  
  
  
  
  
  
  
  
  
Jetty Customer
Jetty has the most affordable and complete renter’s insurance on the market, it even beats the multi-policy discount from competitors!
  
23
  
  
  
  
  
  
  
  
  
  
Stephanie
very easy to manage and understand once you have to file a claim
  
21
  
  
  
  
  
  
  
  
  
  
Josh Turner
Jetty is the new frontier of renter’s insurance. Insurance through the big five is like maintaining a landline. Jetty is the iPhone X.
  
18

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Issuance of coverage is subject to underwriting review and approval. Coverage may not be available in all states. Please see a copy of the policy for the full terms, conditions and exclusions. Policy obligations are the sole responsibility of State National Insurance Company, Inc. (NAIC No. 12831), Bedford, TX, or National Specialty Insurance Company (NAIC No. 22608), Bedford, TX, depending on product and state (refer to the Legal Notices for more information). Coverage scenarios are hypothetical and shown for illustrative purposes only. Coverage is dependent on the actual facts and circumstances giving rise to a claim.

Jetty Insurance Agency LLC (Jetty) is an insurance agency licensed to sell property-casualty insurance products. Jetty will receive compensation from State National for such sales. Refer to the Legal Notices section for additional information.