Renters Insurance with RentProtect and Lemonade
Protecting your belongings and your space is a vital part of the roommate experience. To make this easier, Roommates.com has partnered with RentProtect and Lemonade to provide affordable, flexible insurance policies designed specifically for shared living.
Why do I need Renters Insurance?
Many renters assume they are covered by their landlord’s or the homeowner’s insurance policy. However, those policies typically only cover the physical building.
- For Renters: A personal policy ensures your electronics, furniture, and clothes are covered. It also provides liability protection if an accident occurs in your room.
- For Homeowners/Landlords: Requiring your roommates to have their own insurance protects you from being held liable for their personal property or accidental damage they may cause.
What is covered?
Our insurance partners offer comprehensive digital coverage that includes:
- Personal Belongings: Protection for your furniture, clothes, and electronics from theft or vandalism (even when you are away from home).
- Accidental Damage: Coverage for losses caused by fire, smoke, or water damage.
- Personal Liability: Helps cover legal or medical costs if someone is injured while visiting your rental.
Key Benefits
- Roommate-Friendly: Get separate coverage for each person in the home so your policies remain independent.
- Affordable: Flexible plans starting as low as $5/month.
- Fast & Fully Digital: Apply in minutes and manage your entire policy—from quotes to claims—online.
How do I get a quote?
- Log in to your Roommates.com account and access your Dashboard.
- Navigate to the Renter's Insurance section and click Check Your Price.
- Alternately, check out our Renter's Insurance page, and click Get A Free Quote.
- Follow the prompts to receive a quick, no-obligation quote from RentProtect or Lemonade.
Frequently Asked Questions
Is renters insurance required? While not required by Roommates.com, many landlords and homeowners now require proof of insurance as a condition of the lease to ensure all parties are protected.
Does my roommate’s policy cover me? Generally, no. Most policies are per-person. We recommend that each roommate carries their own policy to ensure their specific belongings are fully covered.
How much does it cost? Rates vary based on your location and the amount of coverage you choose, but basic plans through our partners start as low as $5 per month.