Renters Insurance Protecting You and Your Family
Although no one likes moving, relocating presents a great opportunity for you to obtain renters insurance quotes.
By getting renters insurance quotes, you can put yourself in a better position than you were before, providing yourself with coverage for both your possessions and should someone be injured on the property you are renting.
When renting an apartment, townhome, condo, home or space for business, be sure to cover yourself and allow peace of mind should your residence be damaged by a natural disaster or if someone suffers an injury on the property.
As you look for renters’ insurance quotes, remember that not all coverages are the same, so be sure to find a policy that is not only affordable but gives you the ultimate protection you seek.
If you are not familiar with renters insurance, here are some items that will be covered once you are under policy:
Dwelling – This provides you coverage for damage to your residence and outside structures like sheds or detached garages. Select a policy that has automatically adding coverage, or take care of that on your own as the property’s value increases.
Personal Property – Coverage here is for household items like appliances, clothing and furniture. For items that are valuable or unusual, be sure to have a rider in place that specially takes care of those items.
Liability – This protects you from financial loss should you be found responsible for another person’s injury or property damage. In most cases you can receive up to $1 million for coverage.
Medical payments – Coverage provided here is for individuals who are injured on your property or injuries like your dog biting someone off the property.
If you are not familiar with renters insurance, here are some items that will not be covered once you are under policy:
Earthquake – Should you live in an earthquake-prone locale like California, consider adding this.
Flooding – Water from up top is covered with regular policies.Water from beneath is not. Should you be residing in a possible flood area, seek extra coverage.
Landscape – Landscaping is not covered for damage as a result of wind or hail.
Termites – This problem impacts many people, unfortunately, it is not covered.
Now that you know some of the things that are and are not covered, take the time to look into renters insurance and how it can protect you and your valuables.