We know homeowners insurance is important for homeowners, but what about renters? If you are a renter there is a different type of insurance policy you can take out that is called renters insurance. Keep reading to learn everything you need to know about rental insurance. Let’s start with what renters insurance is. Renters insurance offers protection from covered losses. Video Source Some examples of covered losses include lightning, wind or hail, fire, or theft. Renters insurance has two sections, property coverage, and liability coverage. Property coverage would cover loss of use while liability overage would cover liability and medical…