What is covered under your renters policy?

Ever wonder what your renters policy covers or if buying a renters policy is actually really worth your money? Just take a look at what most policies include:

  • Personal Property (contents)

If you flip your house upside down & shake it, everything that falls is your personal property if you own them.

  • Loss Of Use

Any additional cost of living incurred because of a covered loss.

Examples: Hotel/Lodging, Restaurants/Food, Dry Cleaning/Laundry Mat, etc.

  • Personal Liability

Coverage that will help pay for legal expenses if you are sued due to an unintentional act.

  • Medical Payments

Coverage for anyone who is injured on your property and has to go to the doctor due to their injuries. This person can not live in your household

  • Optional Coverage

Water Backup: The damage that is caused to your personal property due to the water backing up into a sink, toilet, tub…etc.

Refrigerated Property: Covers the items in your refrigerated or freezer that goes bad due to the electricity being out because of a covered loss.

Personal Articles: Items that you schedule out individually on your insurance to insure the item to value.

Replacement Cost: Coverage to put you back to like kind and quality without depreciation.