A Renters Insurance Policy Covers More Than You Think!

what does renters insurance cover

Many people do not understand the intricacies of renters insurance.  Damages from fire, theft, and flooding can quickly destroy your house or apartment.  When disasters like these occur, you do not want to face replacing everything yourself. These situations are prime examples of where your renters policy may kick in to help alleviate the cost of replacing your belongings.

What does renters Insurance cover?

  • Personal Property
    Personal property includes all your belongings that are not covered by the landlord. Usually, this consists of the things you have brought into the dwelling and belong to you. Replacing everything you have purchased, from furniture to clothing and electronics can quickly add up. Most people do not know how much they have to replace until something happens. Being able to replace most of your things with assistance could have significant savings on your budget.
     
  • Liability
    There will always be instances where you could be held liable. If you damage a neighbor's property, or your child throws something through a window, your policy should cover it. Additionally, if someone is at your home, and they fall or injure themselves, the policy will help cover those medical expenses.
     
  • Other Living Expenses
    Having to relocate during a disaster is no fun, but having a renters policy that will help pay for somewhere to live, or the food you have to buy can give you some relief. Having a renters policy may keep your expenses lower than if you still had to pay for rent, and find somewhere else to live while your place is undergoing repairs.
     
  • When You are Away 
    Your electronics or other items may be covered if you take them with you when you're away on a trip, or they accompany your child to college.

Taking the time to explore a renters policy could not only give you peace of mind but will be a sigh of relief if you ever need to use it. Call us at 1-800-INFINITY today to speak to one of our qualified agents and find out if a renters policy is right for you!

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