State No Fault Insurance

That is basically the disparity between the said two insurance types. The former are intended for homeowners while the latter is for those who does not own a home but do rent or lease his or her place of domicile Another difference is that renters insurance only covers the properties or possessions within one's abode and does not cover the house or home itself. For that purpose, homeowners would do the work. Typically, the house's owner or landlord who rents you the house is the one who would purchase homeowners insurance to cover the physical structure of the house.