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Renters Insurance

A kind of home insurance designed to protect the holder from liability arising out of losses, damages and accidents that occur in a rented home, apartment or condo. Policies usually include replacement cost.

314 Questions

If you paid for mobile home renters insurance in SC but didnt sign the paper are you covered?

Why would you not sign the application for insurance. You should do that when you paid for the insurance coverage. I would suggest that you go back to the agency and sign the document.

When you sublet a condo is it covered by HO6 policy?

Your best strategy is to work with your broker -- whether you are the owner or the lessee, or the sub-lessee -- to determine the coverage available under the owner's HO-6 policy.

Since all governing documents define ownership boundaries differently, and all master policies define coverage differently, as do HO-6 policies, getting a specific answer to your specific question is strongly suggested.

In these matters, there are no standards.

Does renters insurance cover damage to your own property?

Renters insurance is similar to condo insurance. It typically covers the personal contents inside but there is the option to obtain dwelling coverage to protect the structure of the items that are secured to the inner walls of the rented space. This is good for protecting kitchen and bathrooms when renting a single family home or extra large apartment.

I hope this helps clarify the question.

What has most common name for India?

With large numbers of Indians being Christian, surprisingly the most common name is john

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.

Who is responsible for damages when a tree falls on a car during storm?

That is an act of Nature. No one is responsible (liable) for an act of Nature.

Your homeowners policy will not cover it.

The comprehensive portion of the vehicle owners Auto Insurance policy would have to cover the damage.

Name some different utilities that might or might not be covered in a person's rent payment How would you know whether these expenses are paid by the landlord or the tenant?

look at the rental contract or lease papers. the utility responsibilities should be listed there. many times garbage, water and sewer are included in rent. typically utilities such as electricity, cable, gas and phone are not included in the rent.

Can flood insurance be purchased for rental income property?

Yes, for residential rental property, flood insurance can be purchased up to $250,000 or the replacement cost value of the property, whichever is lesser.

Can a renter insure the structure he lives in?

There is renters insurance, but it is on the items the renter has brought into the house/apartment. The owner has insurance on the building.

Where can you find cheap but quality home and auto insurance in Oklahoma?

Contact an independent insurance agency. They helped me save a lot of money because they can shop numerous insurance companies instead of being limited to just one. The agent I purchased through helped me understand all the different kinds of coverages and presented different options regarding price and policy type. They were extremely helpful and wanted to make sure I knew what the different kinds of home policies were. Stay away from Actual Cash Value policies and look for a Replacement Cost Value policy instead! You will be glad you did if you have a loss.

WWW.OKSTATEWIDE.COM gives great information about insurance and lets you get a free insurance quote online.

If I rent a house and get water damage to my furniture who is responsible?

The landlord is usually only responsible for negligent damage, not fire or disaster. You can buy renter's insurance to cover your furnishings.

What is NYC insurance protection class code?

The local fire department should know. Call the fire dept that responds to the area where the property is located.

How much does renters insurance cost in Chicago?

The best way to find out is to contact a local agent or ask for several quote comparisons online and ask for rates or at least a ballpark estimate from licensed providers in your area. There are too many variables to provide an answer here but most policies on average are less than $20/month. If you combine your auto insurance and renters policy with the same company you can save another 5%

How much does fire insurance cost?

There are too many variables. You need to contact a local agent or agency and ask for quotes.

Where does insurance companies insure?

A better question you be what do they not insured. You can find insurance for anything you can think of. Some famous people even insure their teeth or face because of their good looks. Lloyd's of London will underwrite custom insurance policies for anything you want. Most companies insure Autos and Homes.

What is the average renters insurance cost in Texas?

Depends on where you live, but for $30,000 of property coverage $100,000 liability and 1% deductible you are looking at $15-$20 per month. AAA usually has the cheapest renter's insurance rates backed by A+ rating. I have seen their rates go as low as $7-$10 per month

What is renters insurance?

Renter's insurance is for those people that don't own the place they are living. It is good for apartment owners and home renters. It covers your personal property in the building. It is relatively inexpensive and if you have high value items such as high end stereos or lots of electronics, it can be well worth it in case of fire or theft.