If you rent your home (whether it's a house or apartment), it doesn't mean you don't need insurance coverage. The PEMCO Renter Policy provides protection for your personal possessions. It also provides liability coverage in the event you're found responsible for causing property damage or bodily injury to another person.

For your personal belongings, you have the option of getting replacement cost coverage. This coverage will pay the cost to replace your lost or stolen item at today's rates. Without replacement cost coverage, depreciation will impact the amount you recover for a lost item – it may be as low as 10% of the new purchase price.