can you have renters insurance when you own the property

It seems that to want to have renters insurance when you own the property would be a redundant insurance policy and unnecessary. Your homeowner insurance policy includes personal property coverage as a part of the contract. The amount is based on the amount of insurance on the home, and is usually 50-75% of the dwelling insurance. The homeowner policy also includes coverage for other structures on the premises, such as a shed or swimming pool and provides additional living expense if you have to live elsewhere while your home is being repaired. Both of these insurance coverages are also based on the amount of insurance on the home.Finally, the homeowner policy includes personal liability protection for you if someone is injured on your property or if you accidentally injure someone anywhere in the world (example: poke someone in the eye with an umbrella in London)