Coverage to protect renters
Your landlord’s policy won’t cover your personal property, but renters insurance can.
If you’re renting a home or apartment, you may think your landlord’s insurance will pay for your personal property if it’s destroyed in a fire. Unfortunately, the landlord’s policy covers only the building itself – and that’s why renters insurance is a must-have.
Renters insurance pays for damage to or loss of your personal property from fire, theft, lightning, wind, hail and similar unexpected events. It also may pay your living expenses if your rental is uninhabitable following a covered event.
Your policy also may include liability coverage, which pays for accidental damage to the rental property or the medical expenses resulting from injury to a guest while visiting your residence.
The insurance team at Spring Ridge will help you determine your coverage with a standard renters insurance policy, as well as available options to add extra protection. Contact us today to learn more.