Homeowner insurance and renter insurance are not the same thing. Homeowner insurance is designed for those who own their home, providing coverage for both the structure of the home and the personal property within it, as well as liability protection. Renter insurance, on the other hand, is specifically designed for renters and provides coverage for personal property and liability protection, but does not cover the structure of the rental property itself. In summary, homeowner insurance covers both the structure and personal property, while renter insurance only covers personal property and liability.