What Do I Need To Know About Renters Insurance, And What Does It Cover?

Definition of "What do I need to know about Renters Insurance, and what does it cover?"

You might think, "Why do I need insurance, I'm renting?" Well, even though your landlord probably has an insurance policy on your building, you'll need to protect your personal interests too. And it only costs a little to protect a lot. Renter's insurance is less costly than you might think. Your Property - What would it cost to replace the contents in my home? - Do I have an inventory and photographs of my personal possessions? You and Your Guests - What kind of protection do I have against liability. - Will my guest's medical expenses be covered if they are accidentally injured in my home? Your Coverages - What additional coverages are available for my personal property such as: sports equipment, electronic data processing equipment, jewelry or other valuables? - Do I have an inventory and photographs of my personal possessions? - I'm getting married, can I get additional protection to cover wedding presents and other personal property I receive? Your Money - Can I save money if I have my auto insurance with Allstate too? - How can I make my home safer and possibly save money?

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Insurance Questions

Popular Insurance Glossary Terms

Break in commercial activities due to the occurrence of a peril. Coverage against business interruption by various named perils can be obtained through insurance. ...

Financial instruments whose principal and income are not established in advance according to contractual terms set forth in the financial instruments document. Both the principal and income ...

Federal law comparable to state workers compensation statutes setting out liability of railroads for work-related injuries or death of their employees. Railroad employees are not covered by ...

Policies that have been sold to and paid for by an insured, but not yet delivered to the insured. ...

Same as term Excess of Loss Reinsurance: method whereby an insurer pays the amount of each claim for each risk up to a limit determined in advance and the re-insurer pays the amount of the ...

Bonds that are sold at discount from their maturity value with the interest compounding and paid at the bond's maturity date. Even though these bonds do not pay interest until maturity, the ...

To transfer a risk from an insurance company to a reinsurance company. ...

Individual prohibited under the employee retirement income security act of 1974 (erisa) from conducting transactions with a trust plan. The prohibition is intended to prevent a conflict of ...

Effort by an individual to continue to receive disability income benefits by taking a continuing sickness or injury. ...