answersLogoWhite

0


Best Answer

Yes. there is renter's insurance that offers optional "Involuntary Unemployment" insurance coverage.

User Avatar

Wiki User

โˆ™ 2015-07-15 18:21:50
This answer is:
๐Ÿ™
0
๐Ÿคจ
0
๐Ÿ˜ฎ
0
User Avatar
Study guides
๐Ÿ““
See all Study Guides
โœ๏ธ
Create a Study Guide

Add your answer:

Earn +20 pts
Q: Does renters insurance cover your rent if you lose your job?
Write your answer...
Submit
Related questions

What does assurant renters insurance cover?

Renters insurance really does cover a lot. It covers natural accidents, burglary, theft, fire, vandalism, and smoke damage. It also will pay your rent for a few months if you get hurt in the apartment.


What does renters insurance cover in my apartment?

Renters insurance covers things of value in your apartment. It also covers you in case your apartment becomes unlivable and will reimburse rent for temporary living elsewhere.


Do I need insurance to rent out banquet halls?

Yes, you will need renters insurance.


What is renters insurance?

RENTERS INSURANCE Policies available to those who rent a dwelling; usually covers personal possessions and liability, but not the dwelling itself.


What is the purpose of rent guarantee insurance?

Rent guarantee is a form on insurance where for a relatively small annual fee, landlords can protect against loss of rent from property renters. It is a very useful form of insurance.


Is renters insurance included in your rent?

Chances are: no. Renters insurance covers your personal property and liability and not your landlords. As such they would have little reason to provide insurance on your behalf. Luckily, renters insurance is usually very easy to obtain and even more affordable. A quick google search for renters insurance will direct you to plenty of sites that can assist you with obtaining a policy.


Is landlords insurance required in New York City?

Landlord insurance is not a requirement in New York City. Although it is very important to have the landlord insurance. This insurance will cover it if you end up having vandalism or stolen property on your land. Sometimes it will cover for lost rent from renters if your keeping the maintenance up.


What is difference between home owners insurance and rental property insurance?

Other than home owners insurance covering your primary residence where you live and rental property insurance covering a home that you rent to others there are a few differences in types of coverage. While most home owners policies cover the building you live in as well as your contents (TV, Clothes, etc...), most rental property policies cover only the building. This is because in a rental property situation you usually do not own the contents inside and the renters have renters insurance to cover their own contents.


When you are twenty years of age what types of insurance do you need?

If you drive, car insurance of course, and if you rent an apartment, renters insurance is a good idea especially if you have much of anything of value.


Which insurance would one need to cover water damaged household goods?

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.


Do you have to have renters insurance?

Some landlords may require you to carry tenants insurance in order to rent. If they don't it is still a very good idea to have it and very inexpensive.


If you rent an apartment should you get home owners 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 minute that if someone falls in your apartment that only your landlord will be sued. If your dog bites someone, it will also protect you if you get sued.


Can apt renters insurance backdate policy to pay claim on unemployed rent payment?

No. Altering documents in such a manner is unlawful.


Should I buy renters insurance when I rent a house?

yes. what if you fell and just happened to put a whole in the wall, are you covered?


Does a homeowner have to have homeowners insurance before they can rent their home out?

No, it's not required, but it's really, really important unless you have the funds in the bank for someone to sue you if they fall or if someone leaves an unattended candle lit. Renters insurance carried by just the renter will only cover the renter's belongings, it will not cover your home.


Is the landlord or tenant responsible for damage caused by attempted break in?

If the damage was not done by you or someone you know and you file a police report then the landlords insurance should cover it. But he may not want to claim it. If he dont want his rates to go up. Or he may raise your rent. His insurance only covers the building. you mite want to get renters insurance to cover your personal property for damage or loss.


Does your car insurance cover your budget truck rental?

No, unfortunately your own car insurance does not cover your budget truck rental. However, when you rent the truck there should be rental insurance available.


What does buy to let home insurance mean?

It is a home you are buying to rent out, and you are only wanting insurance to cover the property not items


Should a tenant pay rent to a landlord who has lost his renters privilege?

If he lost his renters privilege, he is no longer a landlord


Does arbella auto insurance cover a rental car in north America?

Will Arbella cover me if i rent a car while i'm on vacation


When is your rent late in Texas?

It should be stated on your renters agreement.


Can you insure a home that you don't own?

If you rent it you can get renters INS


Where can one find information on insurance for household contents?

Companies that provide home insurance can also provide insurance for the contents of a home. Most home insurance policies include insurance for the contents and extra insurance can be added for things like jewelry. Renters insurance is also available and insures just the contents for those who rent or lease and do not need to insure the home.


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 buy contents coverage on your personal belongings, such as furniture, clothing, etc. The landlord is not responsible for your belongings, whether the loss is from robbery, fire, etc. In order to purchase homeowners insurance you have to own the home (but it can still be mortgaged) and you have to live in the home. Otherwise, you have to have a dwelling policy on the house if you want it insured, whether it's vacant or rented. If, however, there is still a mortgage on the house, the bank (or mortgage holder) will require you to have insurance on it. If the house is paid for, then it is at your discretion whether to have it insured or not, for the value of the house. But if you rent it out, your state may require that you carry liability insurance on it.


Do apartment renters have to pay for garbage?

it will depend on the apartment complex if the renters have to pay extra for garbage. Most apartments include trash with rent.