What is the difference between renters policy and home owners policy?

A renters policy provides coverage for personal belongings and liability protection for individuals renting a home or apartment, but does not cover the physical structure of the property itself. In contrast, a homeowners policy includes coverage for both the homeowner's personal property and the physical structure of the home, as well as liability protection. Essentially, renters insurance protects tenants' belongings, while homeowners insurance protects both the homeowner's property and their possessions.