Renters insurance is different than homeowners insurance in that _____.

Question

a.
unlike homeowner’s insurance, renter’s insurance will not cover items lost in a burglary.
b.
homeowner’s insurance protects the building of residence while renter’s insurance does not.
c.
renter’s insurance only applies to apartments when homeowner’s insurance only applies to houses.
d.
additional living expenses are covered by renter’s insurance but not by homeowner’s insurance.

Answer 1

The correct answer is:
b. homeowner’s insurance protects the building of residence while renter’s insurance does not.

This statement accurately reflects the key difference between renters insurance and homeowners insurance, as homeowners insurance covers the structure of the home, whereas renters insurance primarily covers personal belongings within a rented space.