Renters Insurance USA : The rental property you lease is your home and, like the home you have, you would like it to be protected. Allstate renters insurance is referred to as tenant insurance is dependable affordable and costs less than you thought. Like home insurance, renting insurance can be described as a type of policy that covers your belongings, you as well as your lifestyle. It can also include other protections, such as family liability insurance, extra expenses for living, and guest medical insurance.