Home owners vs. renters insurance?

you cannot keep both. your either a renter or an owner. once you purchase your home you need a homeowners policy. do you have a lot of earthquakes in TX? :) probably don't need that. make sure your home is insured with replacement cost on the home and your contents. you are smart to take out a flood policy as well since a homeowners policy does NOT cover flood and most flood claims are actually made in a no flood plain. do your research and make sure you insure through a good company as your home is your biggest investment. make sure you carry a good amount of liability insurance (I recommend at least 500,000). its inexpensive on the policy and people are very sue happy these days. if you put your home where your auto is, you should get a nice discount on both policies.