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Would installation of combustible gas detectors allow for reduced insurance premiums on an apartment building?
Wiki User
∙ 12y ago
Yes, there is a good possibility that by installing combustible gas detectors will increase your protection and as a result reduce your insurance premiums. You can learn more about your options here http://www.generalmonitors.com/products/combustible_gasdetectors.html
Wiki User
∙ 12y ago
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What if you didn't have renters insurance and your home burnt down?
It depends on the details of the case- was there fire detectors and such? How did it burn down? In general, unless you have an unbelievable lawyer, get ready to pay for the apartment.
Does an apartment complex have the right to make the tenants get apartment insurance?
They do have the right to make you get insurance.
How expensive is rental insurance for apartment dwellers?
You can get about $10,000 worth of apartment insurance for about $12 a month.
Do I really need contents insurance for my apartment?
If you rent an apartment, you might believe your belongings are protected by insurance. After all, the landlord has to have insurance on the apartment building, right? However, this insurance does not protect you at all. Usually, this type of insurance covers the structure of the complex, as well as a few other areas. It might even cover the structure of your apartment. It will not protect your belongings, though. Apartment contents insurance is what you need.
Where can one get a good apartment insurance?
Good apartment insurance is available at the majority of insurance companies. When considering apartment insurance, note lowest cost does not always equal the best coverage. Amica Insurance and USAA property and Casualty both come highly rated.
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.
Why would it be important for tenants of an apartment complex to have insurance on the contents of their apartment?
It is important for tenants of an apartment complex to have insurance on there personal property. Theft fire, and flood are among the biggest reasons to have such a policy.
Can rental insurance be changed if you move to a different apartment/ complex?
It's best to check with the insurance provider but you should be able to transfer it with no issues as the insurance is for yourself/your belongings, not the apartment building itself.
Is it a good idea to get renter's insurance when renting apartments?
Yes, you definitely need renter's insurance if you will be living in an apartment. In case of a fire or damage to the apartment, the building owners insurance will not cover your property. You need your own insurance for your things.
Will homeowner insurance cover defective smoke detectors?
Most smoke detectors are worth far less then your deductible. But electronic failure is usually not a covered peril in a homeowners policy.
What is the cost of renters insurance for the average apartment?
all depends on the location of the apartment and who you go with for renters insurance but you can pay as low has 9 a month or has high has 100 a month
If you fell on your apartment stairs is this covered by homeowners insurance?
Usually not. Your apartment building will have a master insurance policy in which this is covered under liability. Now, if someone falls inside of your four walls of your apartment, you can cover this under your rental insurance liability portion of your policy. A normal insurance company can get you a policy usually pretty reasonably priced.
