RENTERS INSURANCE

Life is often defined by the unexpected—especially if you live on rental property. You can neither control nor predict what your neighbors do next. Neither can you control the weather or mishaps like accidental fires or other kinds of accidents and calamities. And sometimes even the most stringent precautions won’t prevent you from falling victim to theft and/or vandalism. 

That’s why having renters insurance is so important to protecting your assets and personal property. Your landlord likely carries some degree of tenant insurance, but this coverage is bare-bones at best. Without doubt, landlord insurance provides zero protection or reimbursement for your personal belongings it usually only protects the building itself—not your personal belongings. 

There are two parts to renters insurance. The first is property coverage for damage or loss from certain unexpected events. Be sure to check your renters insurance coverage details–there will usually be both an overall limit on the payout and a maximum amount for any one renters insurance claim. Here are a few examples of what can be covered in a renters policy:

• Fire
• Theft
• Lightning
• Wind/Hail

LIABILITY COVERAGE OPTIONS

Another way some renters policies protect you is through liability coverage. 

For instance, if you accidentally damage the rental property itself or if somebody is injured while visiting you at your apartment, your insurance would cover it.

LOSS OF USE COVERAGE

You may also get a payment for living expenses if the rental property is uninhabitable after one of the events the renters insurance policy covers. This safety net can help you recover from such a loss that you would otherwise have to pay for out-of-pocket.

EXCEPTIONS OF RENTERS INSURANCE

There are a few things that are not included. For example, if you park a vehicle on the rental property itself, your car usually won’t be covered by renters insurance.

Whether you rent a home or a studio apartment, you can’t afford to not have renters insurance. In fact, it’s extremely cost-effective. We’d be happy to walk you through the options to ensure you have the insurance coverage and protection you need.

 Takes a minute to get started:

• Fill out the form, we’ll be in touch.
• Review options with an agent.
• Get the coverage you need.