There's a lot worth protecting within the walls of your place. If there's a fire or theft, your landlord's insurance policy may not cover your possessions. It's a smart idea to learn about renters insurance coverage and how it works so you can make the best choices for your situation. An agent will be happy to walk you through:
- Personal property coverage
Covers your personal belongings if they're stolen or destroyed by a fire, theft or other covered peril. It includes things like clothing, furniture, your laptop and other electronics—though you may want to opt for scheduled personal property coverage for especially expensive items and collections.
- Scheduled personal property
If something happens to your high-priced belongings, this covers them beyond the limits of what your personal property coverage will pay. You can add it to your policy to help cover an expensive piece of jewelry, your collection of audio equipment or other pricey items you own.
- Reimbursed living expenses
Helps pay for your increased living costs if a covered loss makes your home uninhabitable. That typically includes things like food and a temporary place to live.
- Liability coverage
Covers legal expenses, medical bills and other damages if someone gets injured at your place and sues you.
- Guest medical coverage
Covers reasonable and necessary medical expenses, like the cost of x-rays or an ambulance, if a person injures him- or herself in or around your place.
- Identity restoration coverage
If you become a victim of full-blown identity theft, it can be hard to pick up the pieces. If you add identity restoration coverage to your renters policy, you'll have a fraud specialist to help
While renters insurance takes care of a lot, there are some perils and expenses that may not be covered by your policy. Your agent can help you learn more about additional insurance policies, like:
- Flood Insurance
Floods are the #1 natural disaster in the U.S.* Your landlord may have your building covered, but not what you have inside of it.
- Personal Umbrella Insurance
If your lifestyle exposes you to more risk (you own a dog, youâ€™re a hunter etc.), personal umbrella insurance can provide extra liability coverage. That way, if you're sued for millions, you won't have to pay it all out of pocket.
Get a renters insurance quote, or find an agent to learn more about how Allstate Renters Insurance can help protect you.