There’s a lot worth protecting within the walls of your place. If there’s a fire or theft, your landlord’s insurance policy will not cover your possessions. It’s a smart idea to learn about renter’s insurance coverage and how it works so you can make the best choices for your situation. An agent will be happy to walk you through:
Personal property coverage
Covers your personal belongings if they’re stolen or destroyed by a fire, theft or other covered peril. It includes things like clothing, furniture, your laptop and other electronics—though you may want to opt for scheduled personal property coverage for especially expensive items and collections.
Scheduled personal property
If something happens to your high-priced belongings, this covers them beyond the limits of what your personal property coverage will pay. You can add it to your policy to help cover an expensive piece of jewelry, your collection of audio equipment or other pricey items you own.
Loss of Use
Helps pay for your increased living costs if a covered loss makes your home uninhabitable. That typically includes things like food and a temporary place to live.
Covers legal expenses, medical bills and other damages if someone gets injured at your place and sues you.
Guest medical coverage
Covers reasonable and necessary medical expenses, like the cost of x-rays or an ambulance, if a person injures him- or herself in or around your place.