Many renters mistakenly think that insurance is their landlord’s problem.
But your landlord’s policy likely covers just the building’s physical structure and common areas, meaning all your possessions wouldn’t be covered in the event of fire, theft or water damage.
With renters insurance you can protect everything you've worked hard for:
-Your personal belongings and assets such as your wardrobe, kitchenware, furniture, sports gear, electronics, etc.
-Your liability to others; landlord, roommates, other occupants of units within your building.
-Out of pocket expenses for relocation and temporary housing due to loss of use (building becomes inhabitable due to fire, etc.)
The truth is that your personal property will not have coverage unless you carry a policy in your name specifying some limit of coverage for your stuff. Protected World Insurance Agency will help you find the correct coverages to protect you, your family, and your personal property. Call us at +1(614)488-2700
Your renters policy covers your personal property against theft or damage subject to the limits and deductibles you select. The coverage applies even when you are away from home. For a small additional premium, you can choose to carry full value coverage on your personal property, which ensures that you will be paid the full replacement cost of items that are damaged or stolen without deduction for depreciation. Renters insurance policies protect individuals and families against certain bodily injury and property damage claims for which they are found liable. Legal defense is also provided in the event one is sued after a covered loss, subject to selected limits of coverage. Additionally, medical payments coverage pays for medical expenses incurred by a visitor who is injured at your residence regardless of fault (various limits available). Let Protected World Insurance Agency help you find the right amount of coverage to fit your insurance needs.
Be sure to ask about available discounts including burglar alarm credits and the account credit for customers who package auto policies with their renters policy.
If you have special valuable items such as jewelry, art, antiques or collectibles, ask about our Valuable Articles Inland Marine Policy option which provides broader coverage in the event of a covered loss.