5 Things to Know When Looking for Renters Insurance
After signing the lease and lining up the moving truck, the next thing that needs to be done is to get in touch with one of the experienced agents at Schumacher Insurance Group concerning renters insurance. The apartment or rental home you will be leasing should be insured by the landlord but that insurance doesn’t cover your personal property.
- Renters insurance covers loss to your personal property due to a variety of reasons including fire or theft. Also, many policies now cover theft on items you own but weren’t in your home at the time of the incident such a laptop or tablet.
- Often, a rental policy will cover the cost of a new place to live for up to a period of one year if for some reason your current residence becomes uninhabitable.
- A guest comes to visit and accidentally trips over your dog breaking their ankle. By having renters insurance, their medical bills will be covered by the third party liability portion of the policy. Renters insurance will also pay if damage is sustained to a guest’s personal property.
- Before agreeing to a particular policy, make sure you are aware of how much coverage you’ll need. This can be accomplished by doing an in-depth room by room inventory complete with photos.
- Know what’s not covered. For example, many policies require special riders for things like fur coats, expensive jewelry, antiques or costly artwork. Also, be aware you might have a problem securing a policy if you have a breed of dog considered aggressive.
Now that you have all the facts, please contact Honey, Linnette or any of the other experienced associates at Schumacher Insurance Group for assistance.