Renters insurance covers all of your belongings that are inside your dwelling in the case that something bad happens (like a flood or a fire). It is kind of like homeowners insurance but for renters.
If you cause damage to the landlords property you will be covered.If you cause damage and you do not have renters insurance,the land lords insurance will cover him or her and after the property has been repaired,the landlords insurance company will demand that you pay for the damages,if you do not they will and can sue you and even attach your wages. I am NOT an insurance agent, i am a landlord and i highly recommend that my tenants buy this insurance it is cheep.If they don't,and something happens and its their fault,i am covered but they will be left holding the bag. I hope this helps you.
Covers furniture plus more Go ask your account if you Can or type money and for a sake of it in Google
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.
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.
Your lease should answer all of these questions. The landlord should take care of what is theirs (carpets, drywall, etc.) They will not cover the contents of your apartment. This is why you should always get renters insurance!
Renters insurance can be purchased for an apartment or rented home or condo. Most standard policies come with contents coverage, liability coverage, and reimbursement for external living expenses in the event that your residence is significantly damaged. Here is an informative article I found on how to find affordable renters insurance: http://www.insuranceagents.com/free-renters-quotes.html
No, it does not.
No, homeowners insurance typically only covers property and liability for property owners, not renters. Renters should consider purchasing renters insurance, which can protect their personal belongings in the event of theft or burglary.
The landlords insurance would cover the hotel costs if your apartment was damaged under a covered insurance loss. Your tenants insurance would also provide coverage as well.
No. That's what renters insurance is for.
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.
no
Unlike auto insurance, there is no state law in California that requires a renter to carry insurance. However, there is a growing trend of Landlords requiring their tenants to carry renters insurance as a part of their lease agreement. Regardless of whether or not your landlord requires you to maintain insurance I would recommend looking into obtaining a renters policy for yourself. Renters insurance is usually very cheap in California. Many renters policies not only cover your personal property in your apartment, but anywhere in the world as well.
The owner will usually have a policy but if you are a renter, you should have a renters insurance policy to cover your personal belongings.