While its critical importance has been documented again and again, the majority of tenants fail to carry renters insurance. Renters insurance is used to protect against the damage or loss of personal possessions, which can result in significant savings compared to the cost of replacing everything you own in the event of a catastrophe. Use these questions and answers to find out more about renters insurance.
What does renters insurance cover?
Renters insurance generally includes personal property protection, liability protection, reimbursed living expenses, and guest medical protection.
Does my landlord’s insurance protect me?
In the majority of cases, no, your landlord’s insurance will not cover your belongings. The landlord’s insurance will only protect the structure itself in the event of damage or loss.
Do I need renters insurance if I don’t own expensive things?
If you own furniture, clothing, and basic household goods, you should have renters insurance. The cost of replacing these items in total can be significant.
What is personal liability and is it included?
Personal liability protects you in the even that someone is injured at your home and decides to sue. Check with your insurance agent to see if your policy covers personal liability.
For more information, to ask questions, or to get a quote on renters insurance in the Pleasant Hill, California area, please contact Lou Aggetta Insurance.