+25 What Is Renters Insurance 2023. Also known as tenant insurance, renters insurance is contents insurance that helps cover the cost of repairing or replacing your belongings if they are stolen or damaged. If your renters insurance is insurance for people who rent the home they are living in — whether it is a house, apartment, condo, or room share.

Tailor your cover to meet your requirements. Receive free expert advice & guidance. Web this means he receives £364.70 a week or £18,964 a year.