Whether you rent a house or an apartment, you need to protect your possessions as well as your financial status. A good renters insurance policy covers your possessions as well as any personal liability you may experience if someone is injured while at your home.
Here are a few steps you need to take while filing a claim against your renters insurance policy.
Inform Your Landlord
Anytime something happens within your apartment, you need to let your landlord know. Even if no police report is filed, your landlord must be aware of what is […]
Your renters insurance is in place to protect you from financial loss if your home is broken into and your personal possessions are stolen or damaged. Losing your keys and locksmith services are covered by your renters insurance if your home is broken into. Your policy isn’t much use to you, however, if you lose or misplace your keys. If you lose or misplace your keys, it will be up to you, in many cases, to cover the cost of replacing both the keys and the locks of your home.
Losing Your Keys Can Be Costly
Buying renters insurance is important to stay protected. However, many people think that buying renters insurance is a complicated process, and some people have misconceptions about coverage, which is why so many avoid or delay buying a policy. Once you understand the importance of buying renters insurance, you may be eager to take out a policy of your own.
Here are some myths about renters insurance you should be aware of:
“Coverage is Retroactive”
No, it is not. You can’t buy insurance to seek damages for incidents in the past. For example, if your house […]
What renters insurance doesn’t cover.
If you live in a rented apartment or home, then you know how important it is to protect your belongings and personal liability with the right renters insurance. However, like all insurance policies, renters insurance does come with certain coverage limits and exclusions. To ensure that a gap in your policy doesn’t catch you by surprise, here’s what renters insurance doesn’t cover.
Certain Natural Disasters
While renters insurance offers protection against most natural disasters, there are certain extreme events that are excluded from coverage. For […]