HO4 Insurance is another term for renters insurance. A lot of renters seem to mistakenly believe that their landlord's homeowners insurance policy covers their personal belongings. The landlord's insurance policy only covers the actual building you live in not the actual personal possessions. Renters insurance typically cover items from theft, fire, broken water pipes and whatever else that is specificed in the renters' policy.

Renters Insurance

HO4 Insurance also have liability coverage that protects you against any claims as a result of injury someone else incurs as well as any property damage that you are responsible for. For instance, if you forget to turn off your oven and your place catches on fire and burns the whole building, your policy may cover part of the damage.