A brief about Renter's Insurance

by steven » Sat Apr 29, 2006 10:35 am
Posts: 1538
Joined: 02 Feb 2006

Renters Insurance is a form of insurance which is quite similar to the homeowner insurance. Over here the insured is a resident of any dwelling or apartment but is certainly not the owner of that place. The insured's not being the owner to the building doesnot suggest that he would not need an insurance protection. Even though he may not be the owner but still he remains vulnerable to incur personal losses and hence needs a coverage for personal and premises liability. A coverage could get increased with the availability of certain endorsements.

Total Comments: 4

Posted: Tue Jun 13, 2006 05:12 am Post Subject: Renter's Insurance Basics

Renter's insurance is a type of home insurance which protects the holder against the accidents, damages, and the losses that occur in a rented residence.

When you rent a house or an apartment, a renter's insurance will provide the financial protection against the loss of your possessions. The landlord's insurance will not cover the loss of your possessions due to fire or from any kind of destruction. In most of the cases renter's insurance will only cover the value of the belongings and that's why the cost of this insurance is relatively inexpensive.

The following losses are covered through the renter's insurance:
• fire
• lightning
• vandalism
• theft
• explosion
• windstorm
• water damage

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Posted: Fri May 18, 2012 08:33 pm Post Subject: ddxdsSKJIo

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Posted: Wed Jun 06, 2012 11:00 am Post Subject:

People live in the rented apartments and always avoid opting for an insurance policy to cover for property damages, under the naive belief that the landlord's insurance policy covers for it. The Landlord's insurance only covers the damages of the building structure and it does not cover for damages to your personal property. So it is very necessary that use the renter's insurance because it provides compensation in case of any damages inflicted to your personal property. Such insurance also offers compensation in case of theft or damage to your personal possessions along with liability coverage in most cases.

Posted: Wed Jun 06, 2012 01:20 pm Post Subject:

renter's insurance because it provides compensation in case of any damages inflicted to your personal property.

Not entirely an accurate analysis of a renter's policy.

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