Renters Insurance

by Remy Lacanaria

Posted on 2019-06-26 12:52:55



renters insurance.png



What is renters insurance? It is an insurance, to protect your belongings in case of fire, theft, or damage that every renter/s should have. It is also called the HO4.

Do renters really need the renters insurance? Read along, and you will know, why it is important to have a renters insurance.

Renters insurance not only covers the protection from fire, theft or damage, but it can also help you to cover damages that is caused by negligence. Renters insurance covers the following:

Renters insurance policy offers protection for your belongings in case there is a power surges, fire, water damage, theft, vandalism, and other events that is out of control.

Your policy also covers your living expenses in case you must leave your home after an accident. Say a tree crashes through your roof and the place needs repairs before you can live there again—loss of use will cover a hotel, food, and any other expenses you incur during that time.

Your liability coverage pays for bodily injury and property damage caused by negligence, like if your dog gets loose and bites the neighbor's kid and he has to get stitches. If it is an expected o intended bodily injury, you will not be covered for negligence.

There are also other types of coverage, like, if your visitor suffers an injury in your home,your policy's medical payments to others will cover medical bills. If you want to know more about renters insurance, click here.

Other Recent Posts

  • What is property management?
  • Why a Landlord Should Hire a Property Manager
  • Defining Heating Systems
  • Household Hazards
  • A Basic Understanding of Homeowner Associations
  • Pest Control in Rental Properties
  • Three Screening Tips to Avoid an Eviction
  • How-to-Videos for New Move-Ins
  • Preventing and Minimizing Water Damage from Flooding
  • Is Keyless Entry Right for You?
  • Rental Property Rehab
  • Staging a Rental Property
  • Preparing Rental Properties for Winter
  • Do-It-Yourself Landlords
  • Harassment by Tenant
  • Harassment by Landlord
  • Renting Your Home to Military Family
  • Renting a House vs Apartment
  • Pros and Cons of Pet Living in Apartment
  • Property Manager Needs To Know
  • Things to Know Before Signing a Lease
  • Renting to Student
  • Tenant Violated a No Pet Clause
  • How Apartment Leasing Work
  • Things to Remember When Renting Out Your Apartment
  • Having a Virtual office: Its Pros and Cons
  • Best Way To Clean Your Windows
  • Bed Bugs and How to Control It
  • Tenant Terminating Lease Early
  • Do's and Don'ts of Living in Apartment
  • Landlord FAQs
  • PROs & CONs of Multifamily Homes
  • Pros and Cons of Month-to-Month Rental Agreement
  • Common Problems Landlords Face in Dealing with Their Tenants
  • FAQs on Evictions
  • Rent Collection Issues
  • Advertise your Rental Property
  • How Much Will My Property Rent For?
  • Tips for First Time Landlords
  • Prospective Tenants
  • Ways to Handle Rent and Security Deposits
  • How to Increase Rent
  • How to be a Good Landlord
  • Reducing Vacancies
  • Serving an Eviction Notice
  • Tips on How to Avoid Rental Fraud
  • Tenant's Abandoned Personal Property
  • Tenants Need to Know About Apartment Inspections
  • Tenant's Rights Violated
  • Establishing Rental Standards