Protect your assets with renters insurance
This may come as a surprise to you, but did you know
your landlord's insurance does not cover your personal property? Your
clothes, jewelry, stereos, televisions, bicycles, computers,
furniture, artwork and other valuable possessions are not protected
against loss or destruction. Fact is, apartment renters need special
insurance for their belongings.
Renters insurance protects your personal property at
home and away from home against the following hazards: fire, smoke or
lightning, burglary or vandalism, riot or civil commotion, explosion
or electrical surge damage, windstorm or hail, falling objects, and
other hazards detailed in policy. Your personal property can be
protected with replacement cost coverage. This additional protection
assures that if a loss occurs, you will receive reimbursement for the
full cost to repair or replace your property at today's market cost,
up to the policy limit. Renters insurance also covers you within your
policy limits if someone slips and falls in your dwelling or is
injured by any of your possessions and then sues. The insurance
should cover your responsibility to other people injured at your home
or elsewhere, and includes legal defense costs if you are taken to
court within the policy limits.
Rates and coverage vary form state to state and company to company.
Shop around and compare coverage and rates from different companies.
For more information and rates on renters insurance visit our
specialist site below.