• Driving in Fog Safely
  • Are you driving under the influence of your phone?
  • Dangers of Distracted Driving
  • Distracted Driving Statistics
  • Distracted Driving: The Treehouse: Howard’s Unfinished Story

4 Things Every Renter Needs to Know About Renters Insurance

Buying renters insurance to protect your stuff may seem like an unnecessary expense, until you experience a theft or fire in your rented home or apartment and lose some of your most treasured possessions forever.

Whether you’re a longtime renter or starting out in your first place, renters insurance policies provide important benefits and coverage. If a fire or similar incident destroyed your home and you didn’t have renters coverage, it would be up to you to replace everything you own. Plus, if someone claimed you caused an injury or property damage, without adequate insurance protection, you could be at risk for an expensive lawsuit and paying that person for his or her damages.

As you consider whether to buy renters insurance, here are four things you need to know:

1. Renters Insurance Provides Off-Premises Coverage

Renters insurance does more than cover the cost of lost or damaged possessions in your home. There is coverage if your bicycle is stolen from a bike rack at the park, or if your laptop is taken from your car while you’re at the supermarket.

2. You Can Be Compensated if You’re Forced to Relocate

Most renters policies provide additional living expenses coverage if your home becomes uninhabitable due to an event such as vandalism, theft, fire or water damage from home utilities.1This benefit usually includes the cost of living expenses, up to your policy limits.

This coverage typically is limited to 30 to 50 percent of your insured personal property. For example, if your belongings were insured for $100,000, the limit on additional living expenses would be $30,000 to $50,000, as outlined in your policy. Read More

Recent Articles & News
  • Driving in Fog Safely
    anemptytextlline
    anemptytextlline
  • Are you driving under the influence of your phone?
    anemptytextlline
    anemptytextlline
  • Dangers of Distracted Driving
    anemptytextlline
    anemptytextlline
  • Distracted Driving Statistics
    anemptytextlline
    anemptytextlline
  • Distracted Driving: The Treehouse: Howard’s Unfinished Story
    anemptytextlline
    anemptytextlline
  • Keep a Disaster Kit at the Ready: Here’s What It Should Include
    anemptytextlline
    anemptytextlline
  • Don't forget your FREEE CAR WASH!
    anemptytextlline
    anemptytextlline
  • Teen Driving Statistics
    anemptytextlline
    anemptytextlline
  • FREE Car Wash
    anemptytextlline
    anemptytextlline
  • Apps to Help Keep Your Teen Driver Safe
    anemptytextlline
    anemptytextlline
  • Free Car Wash!
    anemptytextlline
    anemptytextlline
  • Emergency Preparedness Tips and Checklist for Boaters
    anemptytextlline
    anemptytextlline
  • What Should I Do if My Boat is Damaged?
    anemptytextlline
    anemptytextlline
  • How to Help Trailer, Tow and Launch Your Boat Safely
    anemptytextlline
    anemptytextlline
  • Car Insurance Coverage
    anemptytextlline
    anemptytextlline
  • Keeping Your Passengers Safe on the Road
    anemptytextlline
    anemptytextlline
  • 10 Tips to Reduce Distracted Driving
    anemptytextlline
    anemptytextlline
  • Summer Driving Safety [Infographic]
    anemptytextlline
    anemptytextlline
  • 7 Quick-Hit Insurance Tips
    anemptytextlline
    anemptytextlline
  • Lawnmower Safety Tips
    anemptytextlline
    anemptytextlline
  • Insuring New Jewelry & Other Big-Ticket Items
    anemptytextlline
    anemptytextlline
  • Some Common Personal Insurance Misconceptions
    anemptytextlline
    anemptytextlline
  • Selecting the Right Car for Your Summer Road Trip
    anemptytextlline
    anemptytextlline
  • TAKE A STROLL DOWN SAFETY STREET
    anemptytextlline
    anemptytextlline
  • 5 STRANGE INSURANCE CLAIMS
    anemptytextlline
    anemptytextlline
  • 6 REASONS TO LOVE INSURANCE
    anemptytextlline
    anemptytextlline
  • How Can Being a Good Citizen Boost Your Business?
    anemptytextlline
    anemptytextlline
  • Boosting Your Workplace Morale
    anemptytextlline
    anemptytextlline
  • Spring Cleaning For Your Business
    anemptytextlline
    anemptytextlline