Updated November 1, 2021 . AmFam Team
If you’re renting and have a roommate, you may be wondering if they’re covered by your renters insurance policy. Typically, a roommate and their belongings aren’t covered by your policy, but there is an option available if you don’t both have your own renters insurance.
While it may not be the best idea for most renters, sharing a policy is an option. Before you sign that dotted line on a shared policy, however, it’s important to know what you’re getting into. Watch this short video, then keep reading for a guide that can help you understand the ins and outs of roommates and renters insurance.