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Renter's Insurance
2020-01-22  |  Jeff Gendron

If you're a renter, you may not think you need insurance at all.  (Your landlord already has insurance on the building, right?)  But you may not realize that your landlord's policy doesn't cover any of your personal property and your rental lease agreement indicates that the landlord is not liable for any loss or damage to your personal property for any reason whatsoever.  What would happen if:

 

  • Your apartment building burned down and destroyed all your personal property
  • A thief broke into your apartment unit and stole your electronics and jewelry
  • A guest slipped and injured himself in your kitchen
  • The apartment unit you're renting suffered water damage from the unit above you and damaged your clothes and electronics

 

Without renters insurance, you've got no coverage for personal property loss or damage.  Renters insurance fills that gap and protects your personal property damaged or destroyed as the result of a water leak or because of weather events, burglaries, fires or other disasters. 

 

Too often, people think they don't have enough property to make a renters insurance policy worthwhile.  But take a minute to think about what you own, and what you've got to lose, including:

 

  • Clothing
  • Furniture
  • A television or entertainment system
  • A computer
  • An iPod
  • Musical or sporting equipment
  • Jewelry

 

Renters insurance provides protection if your personal property is damaged, stolen, or destroyed.  The average renter owns about $20,000 in personal property and is 25 percent more likely to be burglarized than someone who owns a home.

 

And the beauty is that renters coverage typically protects your belongings anywhere in the world - whether they're stolen from the trunk of your car or out of your backpack at a Paris hostel.

 

Below are the coverages typically included in a renters insurance policy:

 

Personal Liabilities

 

If you're sued because someone was hurt in your apartment or because you (or someone covered under your policy) accidentally injured someone, renters insurance can provide liability coverage for legal costs.  The limits of personal liability coverage vary, so check to see what your limits are when you get a quote.

 

Medical Payments

 

Your renters policy can also help cover medical payments up to a certain limit if a guest or visitor is injured on your property - though it generally doesn't cover injuries to you or other household members.

 

Property Damage to Others

 

Rental insurance coverage for your apartment or house follows you wherever you go, so if you accidentally break or damage someone else's property, your policy can help pay to replace it.

 

Additional Living Expenses

 

If you can't stay at your place because a covered incident, renters insurance can help pay for a place to stay, among other things.  Loss-of-use coverage, otherwise known as relocation expenses or additional living expenses, could help cover living costs up to a certain limit.

 

The average renters insurance premium is about $150.  Please contact your insurance agent or go online to get a quote for renters insurance.  It’s an affordable way to protect your personal belongings and protect yourself.

Security Deposit Special!

$300 off your security deposit!*

 

*offer valid for approved applicants with no conditions. Must move in by 2/23/24.

Emergency Maintenance

With extreme cold expected today and throughout the week, please call 309-823-0179 if you are in need of emergency maintenance.

 

For all non-emergency maintenance, please login to your resident portal and submit a maintenance request.

Welcome Transfer Students!

Young America wishes you the best of luck as you start your new journey at ISU!

 

Please call 309-454-2338, or email [email protected], if you are still in need of housing for the 2024-25 school year!

Move Out is This Saturday!

UNLESS YOUR LEASE STATES OTHERWISE, YOUR MOVE OUT DATE IS MAY 11, 2024 BY NOON.

 

click here for move out information

Early Move In Key Pickup

Early Move In key pickup begins today at the Bone Student Center!

Keys will be available to pick up from 8:30 AM to 4:00 PM!

 

For Current YA Residents, keys can be picked up starting at 8:30 AM. For NEW YA Residents, keys can be picked up starting at 10:30 AM.

Move In Information

If you took an Early Move In, please be sure that you have submitted your Move In Inspection.

 

To submit your move in inspection, please click the button below!

 

2024 Move In Inspection

June 4th Move In

June Move-In will occur on Tuesday, June 4th at our student office located at 311 S. Main Street, Normal, IL.

Please refer to your 24-25 lease to verfiy your move in date.

 

CLICK HERE FOR MOVE-IN INFORMATION

Festival YA is soon!

Festival YA is right around the corner! Don't miss your chance to get the NEW YA t-shirt and win some giveaways!

 

Wednesday, August 28th

216 W. Mulberry (Kensington Suites)

10am-3pm

 

get more info here

Festival YA is this week!

Festival YA is this week! Don't miss your chance to win some amazing prizes AND get the new YA t-shirt!

 

Wednesday, August 28th

216 W. Mulberry (Kensington Suites)

10am-3pm

 

 

GET MORE INFO

Festival YA is in two days!

Two days left until Festival YA! The giveaways are coming...

 

Wednesday, August 28th

216 W. Mulberry (Kensington Suites)

10am-3pm

 

get more info

Festival YA is tomorrow!

ONE DAY until Festival YA! The giveaways are coming... don't miss your chance to get the NEW YA t-shirt.

 

Wednesday, August 28th

216 W. Mulberry (Kensington Suites)

10am-3pm

 

get more info

FESTIVAL YA IS TODAY!

Festival YA is today! The giveaways are HERE... we can't wait to see you!

 

TODAY

216 W. Mulberry (Kensington Suites)

10am-3pm

 

get more info

Missed us at Festival YA?

Didn't get a chance to stop by Festival YA?

 

Come by our office today from 11am-1pm to get some lunch on us and grab the new t-shirt!

Pre-Leasing Dates to Remember

MARK YOUR CALENDARS!

 

Pre-Leasing Dates to Remember for the 2026-27 Year.

 

Get more info

Renewals start this week!

Starting on Tuesday, September 2, YA residents have the exclusive opportunity to renew their lease and receive an incentive!*

 

*Terms and conditions apply. Student properties only.

 

Get more info

Renewals start today!

Why pack and move when you can renew and relax!?!? Starting today, YA residents have the exclusive opportunity to renew their apartment for the 2026-27 school year! Renew by September 12 to get the max incentive!*

 

*Terms and conditions apply. Student properties only.

 

get more info

Renewals Max Incentive

Why pack and move when you can renew and relax!?!? YA residents have the exclusive opportunity to renew their apartment for the 2026-27 school year! Renew by September 12 to get the max incentive!*

 

*Terms and conditions apply. Student properties only.

 

get more info

Renewals Last Chance

Why pack and move when you can renew and relax!?!? YA residents have the exclusive opportunity until September 16 to renew their apartment for the 2026-27 school year!

 

Keep the apartment you already love and avoid early move-out hassles.

 

*Terms and conditions apply. Student properties only.

 

get more info

2025 Student Move-In Booklet

Please carefully read through the 2025 Student Move-In booklet.

Make Modern Student Living Work for You

Our modern student apartments are typically designed for groups of three to four and offer private suites within shared, high-end spaces at a price that rivals most one-bedroom units. Whether you already have a roommate or are hoping to find one, our leasing team can help guide you through your options and make luxury living a reality.

 

Explore Modern Student Living at Young America.

YA Expands to Peoria, IL

Effective February 2, 2026, Young America Realty

has expanded into the Peoria market through a partnership with Acceleration Properties.

READ MORE

One Month On Us

We've got one month of rent covered for you on select 2 - 4 bedroom apartments.
Limited-time offer.
Learn More

SUMMER SAVINGS

Save Big on Student and Residential Leasing Specials