Do renters need homeowners insurance?
NO, But they can get Renters or Tenants insurance
Renters Insurance doe snot cover "Real Property". If you have purchased a home then you need a Homeowners Insurance Policy.
No. That's what renters insurance is for.
The 21st Century insurance company offers a variety of insurances for any need. They offer auto insurance, renters and homeowners, and flood insurance.
If you rent an apartment, you don't need homeOWNERS insurance, but you you definitely need Renters Insurance, which is a form of homeowners insurance. Most renters' policies will protect your personal belongings from perils such as theft and fire. It will also reimburse you the cost of additional living expenses if your apartment or rented home is damaged by a covered peril. A renters policy will also give you liability insurance; don't thnk for a… Read More
No, just your stuff is covered
Sure. If it is part of the contract and you sign the contract then you must abide by the contract and purchase the homeowners insurance. The policy you would need to get is an HO-4 which is for renters. It covers you for loss to your contents and liability as well.
AllState provides Homeowners Insurance, Condominium Insurance, Renters Insurance, and Landlord Property Insurance.
Yes, but only for the dwelling, not for your renter's belongings. be sure to notify your insurance company that you have renters, your rate will go down because they're not insuring your belongings...and be sure to tell your renters about renters insurance.
Homeowners insurance No. But a landlords Dwelling Policy yes.
"Yes, you are correct contents insurance in the United Kingdom is what we call homeowners insurance in the United States. It is more like a renters insurance."
No, Renters insurance is coverage specific to household property or contents owned by the named insured. It does not cover the property of others and it does not cover automobiles. Neither Renters insurance nor Homeowners insurance will cover damage to an automobile. That's what auto Insurance is for.
Personal possessions are usually covered on your homeowners or renters insurance policies.
If YOUR belongings were in the friend's car and they were stolen, they are covered on YOUR homeowners or renters policy. If your friend's belongings were stolen from a car, HIS or HER homeowners/renters policy would pay.
No, cash is not covered, same on homeowners policy, not covered.
What kind of insurance determines the value of what was destroyed or damaged by fire or other events causing loss?
This would be either your homeowners insurance or your renters insurance.
No. You don't own the home, the owner pays that. You can get renters insurance if you want. Adding on to that, homeowners insurance only covers the structure, not the contents. So while the owner will get paid for any damage to their building, anything you lose to a fire, flood, etc. is not covered in most cases. If you have a lot of valauble belongings it's always a good idea to have renters insurance… Read More
What insurance will cover you for damage to your expensive block driveway for the sudden and accidental spillage of a large amount of oil on your new driveway?
homeowners insurance or renters insurance
What is the cost of a general liability insurance policy purchased by a renter to protect the owner of a dwelling from the actions of the renters pet?
It doesn't. Neither Homeowners insurance nor Renters insurance provides coverage for damages incidental to or resulting from from our election of pet ownership.
usaa forms of coverage are auto insurance, life insurance,homeowners insurance ,renters insurance, health insurance,Valuable Personal Property Insurance,annuities.
Renters need rental insurance (the landlord does not insure renters' personal property such as furniture). Homeowners need property insurance. Some homeowners also take out life insurance in an amount sufficient to pay the mortgage in the event of the death(s) of the wage earner(s). Everyone who isn't eligible for Medicaid/CHIP needs health insurance, at least catastrophic coverage. Fortunately, health insurance reform will make this possible in the next few years. Each wage-earning parent needs enough… Read More
Among some of the services that 21st Century Insurance provides is homeowners insurance. There is also auto insurance, renters insurance, flood insurance, personal umbrella insurance, and more.
No pet bites would be covered under your homeowners or renters insurance policy.
My recommendation for insuring Jewelry is to schedule each item specifically on a Homeowners or Renters insurance policy. Homeowners and Renters insurance policies do provide a limited amount of coverage automatically in most states, but the coverage is very limited, often not more than $5,000 total loss with a per item limit of $1,000. By scheduling a piece of jewelry you are ensuring coverage on a All Risk basis. The first step is to get… Read More
Fire damage insurance is usually a part of your homeowners or renters insurance. Depending on your desired level of coverage, it may be necessary to pay an additional premium.
No personal lines refers to personal property and casualty coverage like homeowners, renters, auto and personal umbrella coverage.
The American Advantage Insurance Group is based in Pewaukee, WI. The company provide auto insurance, homeowners insurance, renters insurance, life and health insurance, and also business insurance.
Does renters or auto insurance cover the injury to the movers who don't have worker's compensation insurance?
NO, Your homeowners or renters policy will not provide coverage for hired workers or contracted movers. It is the responsibility of the Employer to provide coverage for work related injuries of it's employees, not the customer.
Ho4 means it's a renters policy ho3 is a homeowners policy ho6 is a condo policy dp3 is a rental property (landlord coverage)
It is called a Personal Articles Policy or Rider depending on the company. You need to get your artwork appraised and then contact the company that provides your renters or homeowners insurance. Your artwork is covered in case of fire, etc under Coverage B of your normal homeowners or renter's policy, but a personal articles policy will allow for your artwork to be covered for all perils
Most homeowners insurance policies cover the contents of your home. If you are a renter you will need to purchase renters insurance. Your landlords insurance only covers the structure and not the contents inside. When you are looking for contents coverage it is best to stick with the major insurance brands such as Allstate, State Farm, or Farmers.
The Knot provides information on insuring wedding and engagement rings. If you already have homeowners or renters insurance, you can add a rider to insure your rings.
For water damaged household goods, you would require flood insurance if the water damage was caused by flood. Otherwise, homeowners insurance or renters insurance would quite possibly work depending on whether you own or rent your home.
No, comprehensive insurance only covers damage to your car. Homeowners or renters insurance usually pays for personal effects lost as a result of a vehicle accident.
The question is unclear and badly worded - but you MAY be asking about RENTERS INSURANCE. It resembles homeowners insurance EXCEPT that it only covers your personal effects and the contents of your rental unit and NOT the structure itself.
Does an owners liability insurance cover damages to contents of renters property if the homeowner is negligent?
No, a homeowners insurance policy does not provide coverage for the property of a tenant. That's what "Renters Insurance" is for. If the renter chose not to purchase a renter insurance policy, Then the renter was negligent to the extent that the renter chose not to purchase a renter insurance policy, perhaps with the mistaken belief that the owners policy would cover them.
A power surge caused by lightning may have killed it. If you have homeowners or renters insurance, they may help replace it.
Progressive offers auto, local car, motorcycle, boat, RV, commercial auto, truck, homeowners, renters, business, life, health, and umbrella insurance.
If the items are scheduled on your homeowners insurance policy for coverage, the items belong to you and the garage is the same one at the insured home, then you should have no problem with coverage.
Renters insurance is definitely worth getting. Most agents or brokers from whom homeowners insurance can be purchased can also write renters insurance. As for renters insurance being shared... since you are renting the premises, renters insurance covers contents only (not the structure of the building). The policy that you buy will specify the meetes and bounds of what is covered. It is important that you list on the application or other document tendered by the… Read More
If you have comprehensive insurance and your car was totally lost in a fire will the insurance cover the items inside IE GPS ipod that was lost?
The answer is in your particular policy, but if it does not your renters or homeowners policy may cover those items.
No. A renters policy would cover a renters loss, Not the Home owner. Actually a homeowners form HO-4 is for renters. It provides similar coverage to a "normal" homeowners policy with the exception of not covering the home itself. There are many homeowners forms for different situations. HO-8 OS for condos, HO-10 is primarily for older homes that you don't want to cover for replacement cost so you insure it for the real estate value… Read More
By practical means, yes, renters should have home content insurance. You will want to have coverage for your home if anything disastrous was to occur.
If you refinance your mortgage do you need to get hazard insurance if you already have homeowners insurance?
hazard insurance is another way to say homeowners insurance - they should be referring to the same thing
The dwelling Owners policy does not cover the property or liability of a tenant. Rental dwellings are covered under a Dwelling Policy that covers rental properties not a homeowners policy. If the tenant seeks coverage, the tenant must buy his own Renters Insurance Policy.
Allstate offers a variety of homeowners insurances such as for renters, condominium, landlord, manufactured home insurance, and flood insurance. On the Allstate website you can select your state to see your available coverage options.
No. For that kind of benefit you need mortgage insurance or a life insurance policy. No. For that kind of benefit you need mortgage insurance or a life insurance policy. No. For that kind of benefit you need mortgage insurance or a life insurance policy. No. For that kind of benefit you need mortgage insurance or a life insurance policy.
Yes, provided you have comprehensive coverage or can claim it on your homeowners or renters' insurance; but, as this would be an act of vandalism, you may be required to provide a police report.
Allstate...State Farm..all most any insurance company that writes homeowners will do Builders risk for builders...but if you are not a builder..they will only do a "renters dwelling" policy until you move in.
"Many companies sell cheap renters insurance. Don't just go for price though- make sure the company provides everything you need. State Farm is one good company that provides cheap, reliable renters insurance."
Does homeowners insurance cover renters belongings when their house was broken into and items were stolen?
If you are the owner of the house, and are renting to tenants (making you the landlord), then you only have insurance on the house (dwelling coverage - not homeowners coverage) and not the personal contents of the renters. In this case, no, your insurance will not cover their loss. It is the responsibility of the renters to purchase insurance coverage on their personal belongings. If you are the renter (tenant), then you have to… Read More