What Does Renters Insurance Cover?

Just because you are renting your home does not mean you don’t need to protect your valuables. While the property owner likely has insurance in place to cover the building in the event of a fire or other damage, this insurance does not cover your personal belongings. At THINK Insurance & Financial Services, we want to do what we can to educate you on what renters insurance covers. So whether you live in Pomona, CA or somewhere else in the area, you’ll have all the knowledge you need to cover yourself properly.

What Does Renters Insurance Cover?

Renter’s insurance is generally broken down into three different kinds of coverage: Personal property, liability, and additional living expenses. Personal property insurance is what you’ll most likely look towards. It covers everything from clothing to furniture, computer equipment, and bicycles, all based on what you claim on the insurance. You can also include jewelry and other items you own. Should you make an additional purchase after obtaining the insurance you’ll need to contact your insurance provider to let them know.

Liability insurance occurs if someone within your apartment or rented home is injured and you are found responsible for the injuries. The additional living expenses insurance coverage is in the event of needing to rent out a hotel because of damage within your home.

Whether you live in Pomona, CA or in an entirely different city altogether, it is important for you to protect your home valuables. With the help of renters insurance, you’ll have the ability to ensure your valuable items are protected in the event of a break in, fire or other situation. We at THINK Insurance & Financial Services are here to assist you with any and all questions you might have regarding renters insurance.