Renter’s Insurance provides coverage for household contents and personal belonging, personal liability, medical payments, and additional living expenses.
The personal property coverage is based on a predetermined amount of coverage deemed necessary to replace your personal items in the event of a loss such as a fire or theft. This coverage is provided for named perils that are listed on the renter’s policy.
The liability portion of the renter’s policy provides coverage when you are being held legally liable for someone else’s bodily injury or property damage. This can be a result of an accident or negligence. It can, in some cases, even cover you when you are off premises or when it is the result of a pet.
The medical payments portion of the renter’s insurance policy provides for medical costs for others, regardless of liability.
The additional living expenses portion of the renter’s insurance policy provides coverage if, in the event of a covered loss, you residence is uninhabitable.
The renter’s policy also has some optional coverage which includes:
- Scheduled and unscheduled personal property for specific valuables.
- Replacement Cost for replacing or repairing items without providing a depreciated value.
- Identity Shield to assist with identity theft and replacement of important documents.