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Policy Basics
Renter's insurance is a form of homeowner's insurance but with no coverage for the building.  For your convenience, the following are brief descriptions of coverages to assist you in your buying decision. If you choose to purchase a policy, please review your policy for more complete descriptions.
 
  • Who is insured
    Coverage is provided to the named insured on the policy and resident relatives. If you have roommates who are not related to you by blood or marriage they may need to obtain their own coverage.
     
  • Contents Coverage
    Referred to as “Coverage C”. This provides coverage for your belongings for Causes of Loss stated in the policy on a replacement cost basis. Items could include such things as clothes, furniture, microwave, stereo, television, pictures, glassware and cooking utensils.
     
  • Additional Living Expenses
    Provides coverage for necessary and reasonable increases in living costs you may incur, as a result of a covered loss, to maintain your normal standard of living.
     
  • Personal Liability
    Coverage for bodily injury or property damage due to a negligent act of an insured. If you are sued and found negligent this portion of the policy would respond.
     
  • Medical Expense
    Provides coverage for reasonable medical expenses to others while in your apartment with your permission.
     
  • Options
    You may also add riders to a renters policy for situations specific to you. Please let us know of any special circumstances you may have so we can help you decide on the best rider. Some items to consider:
    Business Property in your Apartment
    Jewelry
    Furs
    Camera Equipment
    Fine Arts
    Musical Instruments
    Silverware
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