What Do I Need To Know About Renters Insurance, And What Does It Cover?

Definition of "What do I need to know about Renters Insurance, and what does it cover?"

You might think, "Why do I need insurance, I'm renting?" Well, even though your landlord probably has an insurance policy on your building, you'll need to protect your personal interests too. And it only costs a little to protect a lot. Renter's insurance is less costly than you might think. Your Property - What would it cost to replace the contents in my home? - Do I have an inventory and photographs of my personal possessions? You and Your Guests - What kind of protection do I have against liability. - Will my guest's medical expenses be covered if they are accidentally injured in my home? Your Coverages - What additional coverages are available for my personal property such as: sports equipment, electronic data processing equipment, jewelry or other valuables? - Do I have an inventory and photographs of my personal possessions? - I'm getting married, can I get additional protection to cover wedding presents and other personal property I receive? Your Money - Can I save money if I have my auto insurance with Allstate too? - How can I make my home safer and possibly save money?

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Insurance Questions

Popular Insurance Glossary Terms

Amount of insurance coverage that an insurance company is willing to write on a given category of business. ...

Percentage of first year's premium paid to compensate an insurance agent. This is known as the "First Years" to show how much new business the agent is generating, compared with renewal ...

Modifications of the traditional defined benefit plan in which employees are credited with a specified percentage for each year of recognized service with the employer. Upon termination of ...

Type of proportional reinsurance under which the ceding company (primary insurer) cedes to a re-insurer its net amount at risk for the amount above its retention limit on a life insurance ...

Buy or sell order for security that expires at the end of the trading date on which it was entered if not executed. ...

Policy owner rights under a life insurance policy, including the right to name a new beneficiary at any time and to surrender the policy for its cash value. ...

unlawful application of force to another's person; physical striking of another without permission. ...

Insurance issued to a creditor (lender) to cover the life of a debtor (borrower) for an outstanding loan. If the debtor dies prior to repayment of the debt, the policy will pay off the ...

Over a long period of time, the average loss an individual, individuals, or an organization can expect to incur from a particular exposure. ...