The renters insurance policy is an essential protection if you are living on rented property. This policy protects you from financial loss in the event of theft, loss, or damage to your possessions. Besides covering your possessions, the policy also covers liability expenses for third-party injuries and damage to property in your home.
Whether you live in an apartment, a condo, or a townhouse, Anderson Insurance's renters insurance policy ensures your financial safety in the event of a mishap in all places.
For your comprehensive protection, a standard renters insurance policy covers your possessions and offers liability protection. It has the following coverages:
Protects your personal items from loss or damage caused by a covered peril. The perils that are typically included in renters insurance are:
Covers third-party medical expenses and your legal fees if sued by someone who has been bitten by your pet or suffered an injury in a mishap, or sustained property damage on your rented property. It also covers ambulance costs, hospital stay charges, and even funeral expenses.
Cover your alternate accommodation cost if your home is severely damaged and is uninhabitable, and needs extensive repair work. It also includes additional living costs such as food, laundry, and travel expenses.
Anderson Insurance renters insurance also covers food spoilage, debris removal, your possessions stored outside your property, other people’s items stored on your property, and if you are a financial fraud victim.
Depending on your unique needs, you may also buy the following optional coverages:
Buying renters insurance may be optional, but having this insurance can prove to be beneficial for the tenants. Besides being an affordable coverage that protects you and your possessions, it ensures peace of mind for you. Other reasons why you must buy this insurance policy are:
