Protect What You Own with Kansas Renter's Insurance

Kansas Renter’s Insurance 

Purchasing a renter’s insurance policy is one of the easiest (and cheapest) ways to protect yourself and your belongings while renting your home in Kansas. A typical policy costs only $10 to $20 per month and can save you much more should unexpected damage or liability occur. 

But despite its affordability and practicality, only about half (55%) of U.S. renters currently have renter’s insurance, most of whom must have a policy per their landlord’s requirements. 

We’ve prepared this article to help you understand why you need renters insurance in Kansas and how to obtain a policy in this state—from cost and coverage to additional policies you may need.  

What is Renter’s Insurance? 

Renter’s insurance is insurance that covers specific types of losses suffered by renters during their occupation of a rental property. A typical renter’s insurance policy covers personal property, liability protection, and additional living expenses. Renter’s insurance often kicks in after damage from natural disasters, accidents, or other incidents.

An important note: Renter’s insurance does not cover the actual building itself. The physical building you live in should be covered by your landlord’s insurance. Renters insurance helps protect you and the belongings you own within the property that may be damaged or stolen.

Why Do I Need Renter’s Insurance? 

Everyone who rents their home—whether that be a single-family home, studio apartment, mobile home, townhome, condo, or other type of property— should have a renter’s insurance policy. This is because even though you don’t own the physical building you are renting, the items you keep within it (or even in your car, or elsewhere) could still be damaged or stolen.

For example, imagine that a fire occurred in your apartment complex. Your landlord’s insurance would cover the damage to the actual building, appliances, and building systems. However, your landlord is not responsible for replacing all your lost clothes, furniture, electronics, and other belongings. That’s what renter’s insurance is for.

Renters insurance policies can also cover medical or legal expenses if you are sued. For example, your renter’s insurance would apply if someone gets injured in your home and you are responsible for their medical bills.

An average renter’s insurance policy includes $20,000 – $30,000 of personal property coverage and doesn’t cost you more than a $20 bill each month. It’s a small price to pay for the great financial security renters insurance offers.

Is Renters Insurance Required?

No, renters insurance coverage is not required by federal or state laws. However, some landlords may require their tenants to purchase insurance as a stipulation of the lease agreement. Regardless of whether your landlord requires it, purchasing renter’s insurance is a good idea. It’s the only way to gain financial security for your belongings as well as liability protection. 

What Does Renters Insurance Cover? 

Renter’s insurance has three main categories of coverage.

1. Personal Property: Personal property refers to any belongings like clothes, furniture, electronics, etc. Your personal property is subject to limits and requires a deductible. However, your insurance will reimburse you should your personal property get damaged by disasters such as the following:
   • Fire and smoke
   • Storms, lightening, wind, hail
   • Theft
   • Vandalism
   • Explosions
   • Winter weather damage
   • Damage from infrastructure tearing, cracking, burning, etc.
   • Sudden, accidental damage from electric currents
2. Liability: Liability coverage pays for your medical or legal bills should you be responsible for an injury on the property or damage to the property itself.
3. Loss of use/Living Expenses: Loss of use insurance kicks in if the property you rent becomes uninhabitable due to damage or repairs. It pays for your hotel bills and even certain food expenses while you wait for repairs to be completed.

There are a few disasters renter’s insurance doesn’t cover, like flooding. It’s important to read your renter’s insurance policy to understand what is and isn’t included. If you need coverage that isn’t included, you can purchase add-on policies, such as water backup coverage, theft extension coverage, scheduled valuables coverage, or earthquake and volcano coverage.

Kansas Renters Insurance :

Renters insurance in Kansas protects you and your belongings from a range of perils. Damage from natural disasters like tornadoes, thunderstorms, and hail is common in Kansas. If severe weather damages your home and personal belongings, a Kansas renters insurance policy can reimburse you for these losses. Your insurance coverage can also include legal or medical expenses if you are ever liable for an injury in your home (up to your limits and minus your deductible). 

How Much Does Renters Insurance in Kansas Cost? 

Many renters worry about the cost of insurance in a state where natural disasters like tornadoes are common. Fortunately, Kansas renters insurance is very affordable. According to NerdWallet, the average premium for 2024 in Kansas is $169, or about $14 a month. Kansas’s rates are only a few dollars more than the national average monthly cost for renter’s insurance. The small investment it requires ensures you and your belongings have the protection they need in case of an extreme weather event or loss.  

Remember that the cost of your individual policy will depend on specifics like your coverage limits, liability protection level, and deductible amount. The cheapest renters insurance rates are typically accompanied by higher deductibles, while higher premiums are associated with lower deductibles. Many insurance companies also offer renters insurance discounts for bundling with an existing policy, like an auto insurance policy. 

What Are the Most Common Claims in Kansas?

Common claims in Kansas include damage due to hail, lightning, heavy rains, and tornadoes. Located in the heart of Tornado Valley, Kansas averages 96 tornadoes per year, many of which are highly damaging to buildings and the personal property within them. In 2023 alone, property damage due to tornadoes totaled $75,000. Even though this figure is relatively low compared to previous years (in 2012, for instance, property damage totaled $500,400,000), it nonetheless demonstrates the risks and costs of damage in the state. If you experience a tornado or other severe weather event in Kansas, renter’s insurance is the only protection that can guarantee you compensation for your losses. 

What Additional Policies Do I Need in Kansas? 

Kansas renters may also need flood insurance. Flooding can occur due to rising water levels after heavy rains, often near large bodies of water like the Cheney Reservoir or the Kansas River. 

FEMA data from the past decade shows that the historical risk of flooding in Kansas is high in many counties, especially in the eastern part of the state. Leavenworth and Cherokee Counties have each experienced more than 100 flood events between 1996 and 2019.  

If your home is within a floodplain or has previously flooded, investing in flood coverage is a smart decision. Flood coverage is typically excluded from most renter’s insurance policies, so a separate policy is necessary. The National Flood Insurance Program (NFIP) helps renters find a flood insurance policy customized to their individual needs and coverage preferences. 

How to Get Renter’s Insurance in Kansas 

Most major insurance providers offer renter’s insurance, often bundled with auto insurance for a lower price. To determine your policy and coverage details, your insurer will typically ask you a few questions about the rental unit (such as the type of building, year it was built, and address) and the dollar value or replacement cost of high-value personal belongings you own. You’ll be able to tailor your policy and coverage details to your needs. 

Get Renter’s Insurance with Innago 

Innago offers renter’s insurance through our partnership with Assurant. If you’re a renter, regardless of whether your landlord uses Innago, you can purchase a policy and get protection for you and your personal belongings. You can get quick and affordable renters insurance quotes, customize your coverage, and add an additional person onto your policy at no extra cost.