Insurance is one of those things we buy hoping we’ll never need to use. And when we don’t, it can feel like we’re paying for something that doesn’t give us anything in return. But the real value of insurance isn’t in how often you “use” it—it’s in the security and peace of mind it provides every single day.

Have you noticed your home insurance premium creeping up lately? You’re not alone. Across Indiana—and the entire country—homeowners are seeing higher rates than ever before. But why is this happening, and more importantly, what can you do about it?

Renters insurance may be the most underrated yet essential types of insurance coverage available. Many renters mistakenly assume their landlord’s insurance policy protects their belongings, but this is not the case. Your landlord’s insurance typically only covers the physical structure of the building, leaving tenants responsible for their personal property and liability.

So, what does renters insurance actually cover? Let’s break it down.