Assurant's Renters Insurance will cover both your personal property and personal liability.
Personal Property Coverage:
With this coverage, some exclusions and limitations your personal belongings are covered if they are damaged as a result of many named perils. Some examples are:
Fire or lightning
Windstorm or hail
Explosion
Smoke
Vandalism or malicious mischief
Theft
Accidental discharge or overflow of water or steam
Personal Liability Coverage:
With this coverage, you are financially protected in the event you are legally liable for damages because of bodily injury or property damage caused to your rental property or the property of others. Many property managers require residents to maintain liability coverage during the term of the lease so that it pays them for damage caused to the rental property as a result of:
Fire
Explosion
Smoke
Water*
*In NC, water damage is currently not covered in the liability coverage section of the Renters Insurance Policy.
You may also optionally add water sewer backup as additional protection. Coverage includes up to $2,500 in damages if a sewer or drain backs up into your home. A $250 deductible applies.
What's Not Covered? |
As with all insurance policies, there are some exclusions and limitations that apply. Depending on your policy you may not have coverage for losses caused by certain excluded events. Please refer to your policy for all details about your coverage, including limitations and exclusions. Here are some examples that we feel are important for you to know:
Personal Property Coverage
*Earthquake coverage is available by endorsement in CA and WA. Water Backup of Sewer or Drains is available by endorsement in most states.
Liability Coverage
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Coverage availability and limits vary by state. For a detailed listing of all the coverages, exclusions, and limitations that apply, please refer to the policy.