Who is eligible for renter's insurance through Progressive?

Individuals renting homes and apartments are eligible to purchase renter's insurance, according to Progressive. This insurance covers renters in the event of theft, damage and personal liability. Customers who have existing auto insurance policies with Progressive may qualify for special discounts, but this is not a requirement for eligibility.

In case of an incident such as a fire or flood, homeowner's insurance covers the building itself. However, a tenant's personal belongings such as clothing, electronics and furniture would not be covered. For this reason, renters who would have financial difficulty replacing the items should consider purchasing renter's insurance, notes Time.