Don’t own a home? Not a problem. We can help you protect your stuff with Renter’s Insurance.
Renters Insurance covers your possessions against losses from fire or smoke, lightning, vandalism, theft, explosion, windstorm, and water damage from plumbing.
However, renters insurance does not cover floods or routine wear and tear. We can, however, help you obtain a separate policy for flood insurance.
If you are forced out of your home because of a disaster your additional living expenses can be covered.
Renters insurance pays the reasonable additional costs of temporarily living away from your home if you can’t live in it due to a fire, severe storm or other insured disaster. It covers hotel bills, temporary rentals, restaurant meals and other living expenses incurred while your home is being rebuilt. Coverage for additional living expenses differs from company to company.
Renters insurance also covers your responsibility to other people injured at your home or elsewhere by you, a family member or your pet and pays legal defense costs if you are taken to court.
Decide How Much Insurance You Need.
Add up the cost of everything you have including furniture, appliance, clothing, etc. to determine how much it will cost to replace if it were damaged or stolen. This could also serve as the basis for an inventory that will make filing a claim easier. For an inventory, also record model numbers, dates and places of purchase. Take photographs or make a video of these items and place a copy of the inventory in safe place away form your home. You may want to use an app for that. There are many apps available out there to help you keep a good inventory.
If you rent an apartment or house you need insurance to protect your belongings and to protect you against legal liability claims. While your landlord might have insurance, it only protects the building. Your belongings and liability are not covered under those policies.