Here’s What Your Policy Covers

Renters Insurance® has you and your family covered against devasting events that pose a threat to your belongings. Whether you are a renter or a homeowner, you can rest assured that you won’t suffer financial loss in the event of:

You can choose from a variety of standard plans, such as:

Personal Property Coverage:

You need not worry anymore about the aftermath of unfortunate incidents surrounding your belongings, including clothing, appliances, PCs, and furniture. Of course, safety comes first and you may want to protect your luxury items with a personal property insurance policy beforehand.

However, situations beyond your control may pop up. Renters Insurance® assures you of not bearing the financial burden should such belongings be vandalized, stolen, or destroyed.

Liability Protection:

Do you have expenses outside your everyday activities that need catering? Perhaps, you need to clear medical bills, personal injury lawsuit fines or other unavoidable liable fees. You don’t need to cover such expenses out of your pocket. Simply get this insurance policy to protect your wallet in such events.

Reimbursed Living Expenses:

With inflation rocking the global economy, there’s no better time to cut back on personal expenses than now. But then, you don’t need to compromise on a quality lifestyle, including food and shelter. Augment your daily expenses with this coverage to reduce the burden of increasing living costs.

Guest Medical Coverage:

Mishaps may occur when guests show up to your birthday, Thanksgiving dinner, or other special events, even when you are not at fault. These could include cuts, sprain, and bruises. Renters Insurance® lets you go the extra mile to ensure they’re taken care of. From X-ray examinations to ambulance services, this plan has them covered.

View Deductibles and Limits

Customize deductibles and limits to suit your needs by taking advantage of Renters Insurance® coverages.

Let Renters Insurance Help You After a Disaster

Large-scale catastrophic events, such as wildfires, hurricanes, and high-impact storms, can leave you and your neighbours distraught. With many claims to file, Renters Insurance® assures you of prompt service.

Here’s What to Expect from Your Renters Insurance

When you get renters insurance, you are guaranteed protection in the following areas.

Check out the video below to know what your policy covers, from property coverage to additional living expenses.

What Coverage Do I Get from My Renters Insurance?

Renters Insurance® provides the following types of insurance: personal property protection, family liability protection, guest medical protection, and additional living expenses.

Personal Property Protection

This insurance cushions your loss in the event of theft or damage, whether on your property or elsewhere

Example

Family Liability Protection

Have you been sued for property damage or for personal injury? This insurance lets you settle such cases without burning a hole in your pocket.

Example

Guest Medical Protection

This insurance helps you cover your friends, colleagues or neighbours’ medical expenses if they sustain injuries on your property.

Example

Additional Living Expenses

If your insured property gets damaged that it becomes uninhabitable and you have to stay elsewhere, this insurance will help you to meet the costs for the time being.

Example

Am I Insured Against Theft?

Yes, you are. Renters insurance protects not just the belongings in your house, but also those on the move. For instance, while out on a casual after-work evening date, you may leave your PC in your SUV. Your standard auto insurance doesn’t protect this item, which exposes you to financial loss if it gets stolen.

However, with renters insurance, you need not worry if your item is nowhere to be found. You can replace it, based on the type and limit of your coverage, the replacement cost, and the depreciated value. For luxury items, like designer jewellery, you may add limited coverage to the standard plan.

What If My Rented Apartment is Damaged by a Storm?

The landlord insurance caters to this scenario. For example, in the event of a severe storm, the building may be damaged by fallen trees, roof shingles, or even tornados. If this happens to your apartment, the insurance company can reimburse the cost of fixing the structure. However, this only applies to the building and not your personal belongings, which is why you also need renters insurance.

Storms, without a doubt, cause significant losses, not just in monetary terms, but in the form of emotional stress. However, if you have the right coverage, you can get compensated for your losses. Renters insurance offers protection so you can focus on more important matters., but you must first understand what it covers to maximize its benefits. So simply call us and get a customized quote.

Renters insurance is essential whether you rent a house or a studio apartment. Please contact us to discuss your alternatives.