A renters insurance policy covers your personal possessions, whether you rent at a friend’s house, in a dorm, or in a house or apartment. However, some belongings are also covered at places you visit, such as areas on campus, the gym, etc. Renters insurance covers incidences such as accidents, theft and disasters on the property. AlphaSure Affordable Insurance Services in San Antonio, TX is here to assist.
What Does Renters Insurance Cover?
A traditional rental insurance policy covers three areas of protection.
- Personal Property Protection: This covers the value of your personal belongings in the dwelling, including TVs, computers, smartphones, game consoles, jewelry, bikes, and more. Your insurer will outline precise coverage.
- Personal Liability Coverage: Situations (including medical expenses) where you are liable for harm to others or their property, such as guests or other occupants are covered.
- Loss-Of-Use Protection: Should you rent a home, room or apartment in particular, you might need to relocate unexpectedly for a short period. If the property is deemed uninhabitable due to perils, mold mildew, or discovered code violations, this coverage will pay for your living expenses during that time.
How Much Coverage Is Needed?
While some renters insurance policies have set maximum payments for certain things, others may let you customize coverage beyond standard limits. Add up the estimated cost of your valuables and essentials, and take photos of high-dollar items. Include goods, including computers, furniture, sporting gear, jewelry, electronic devices, kitchen equipment, and clothing. With a figure in mind, your agent will help you determine appropriate replacement costs.
College Students: Stay Covered with Renters Insurance
Going to college can be daunting enough, and protecting your private belongings can be comforting and come in handy should an incident occur. Contact AlphaSure Affordable Insurance Services in San Antonio, TX to talk to an agent about policies and get a quote.