Think your landlord's homeowner policy will cover you and your property in the event of a theft or natural disaster? Think again. Your Connecticut landlord's property insurance policies will only offer coverage for publicly shared spaces (ie the elevator) and the building's actual structure (ie repairs for a broken water pipe but not repairs for tenant's property destroyed by that broken water pipe). The good news is that tenants can apply for renters insurance to protect themselves and their property from apartment mishaps.
The Basics of What Renters Insurance Can Cover
Our team at County Insurance Agency Inc offers TriState area residents a rich variety of renters insurance policies and will work with you to create that custom policy that best meets your insurance needs. The following is a look at the most important things your renters' insurance can cover:
- Fire and water damages. If a fire or water issue (such as a broken water main) causes damage to your personal belongings or leaves your large appliances or pieces of equipment needing repair, your renters' insurance policy will cover the costs up to the policy limits.
- Living expenses during a covered loss event. With extreme fire or water damage, your landlord may request you to leave while repairs are done. With renters' insurance, all living expenses beyond normal costs are covered until you're capable of returning home or finding a new place. This includes the cost of the temporary residency if the terms of your lease do not cover it.
- Medical expenses and personal liability for injured guests. If someone visits your home, such as a friend or delivery person, and is injured, then renters insurance will pay both the medical bills up to your policy limit and protect you with personal liability coverage should the injured party seek to file a civil suit.
- Personal property coverage. If your valuables are stolen and damaged, then once again your renters' insurance will kick in to make things right.
Learn More at County Insurance Agency Inc
Contact us to learn more about all that renters insurance in Connecticut and the Tristate area can cover.