Why Renters Insurance?
Top 3 reasons renters insurance is important include:
- Apartment complexes will only cover the physical dwelling, meaning all liability for damaged to your items falls on your shoulders
- It is an affordable and convenient way to protect your belongings
- Many policies cover your living expenses in case of an event in which your home becomes unlivable, meaning you'll have the funds necessary to find another apartment.
What Does It Cover?
Renters insurance will usually protect you against:
- Fire or lightning
- Windstorm
- Hail
- Riot or civil commotion
- Smoke
- Vandalism or malicious mischief
- Theft
- Falling objects
- Weight of ice, snow or sleet
- Accidental discharge or overflow of water or steam
- Sudden accidental tearing, cracking or burning of certain appliances or water heating systems
- Freezing of certain systems or appliances
Sudden and accidental damage from artificially generated electric current - Volcanic eruption