Renter’s insurance, also known as HO-4, is a type of insurance policy covering losses to a renter’s personal property and protects them from liability claims. Damages to the structure and frame of the building are the responsibility of your landlord. Renter’s insurance helps provide coverage for anything from an entire house to a studio apartment […]
Tag Archives: Renter’s Insurance
25
Jun
Jun
Many renters believe that their personal properties are covered by their landlord’s insurance policy. Unfortunately, that’s usually NOT the case, as your landlord’s insurance policy covers the property itself. That’s where renter’s insurance comes in. This insurance policy protects your personal belongings in a rented home, apartment, or condo from unexpected circumstances like fire, theft, […]
23
Mar
Mar
Renter’s insurance is a must if you are cautious and concerned about what can happen to your possessions. Your landlord can only provide so much protection before the rest is left up to you. This will look into why renter’s insurance is worth it, the events it covers, and how to choose the right coverage […]
22
Jan
Jan
Renter’s insurance covers personal property damages, theft, liability, and most things apart from certain circumstances. Generally, the fees involved in these events are all covered up to a set limit. However, in order to fully understand what coverage to expect from renter’s insurance, you need details—here is everything you need to know about renter’s insurance damage […]
22
Jan
Jan
Yes, your landlord can legally require you to get renter’s insurance. You may think of renter’s insurance as a pointless additional expense, but there are probably a lot of benefits that you don’t know about (yet). So don’t turn down a place to live just because renter’s insurance is on the contract—it can help you […]
18
Jan
Jan
Like your typical homeowner’s policy, renter’s insurance will take care of most of the costs for incidents and damage done on/to your living space. There are, however, a few things not covered by renter’s insurance. Before investing in a policy, you must be aware of both what is and is not covered. Generally, you can […]
29
Oct
Oct
Many landlords now require tenants to hold renter’s insurance. The good thing is renter’s insurance is inexpensive and easy to buy. Why is it important to have renter’s insurance as a tenant? Theft Coverage The value of your possessions is likely higher than you think it is. The average renter has $20,000 worth of possessions. […]