If your rental property is damaged in a fire, storm, or other disasters, your landlord’s dwelling insurance will help cover repair costs. Your landlord’s policy, however, won’t protect your possessions, which are equally at risk of suffering damage or loss in a catastrophe. Renters insurance from Acme Insurance Brokerage in Amityville, NY can protect your goods against unforeseen perils that can cause financial ruin. Here’s what you can expect from a renters insurance policy:

Property Coverage

Renters insurance protects your possessions from such dangers as fire, vandalism, theft, storm damage, and other catastrophes. If your rental home or apartment is destroyed by fire, you could lose everything you own. Renters insurance helps cover the cost of replacing your goods so you can recuperate your losses and carry on. Renter’s property coverage protects you while you travel as well by covering damage or loss of property on the road, at the airport, or when staying at a hotel on vacation.

Liability Coverage

If you receive visitors for holidays or dinner parties, there’s always the risk of someone having an accident on your property. A simple slip and fall could result in a broken bone or stitches at the local hospital. Liability coverage pays for the medical expenses of visitors who have accidents on your property, so these costs don’t have to come out-of-pocket. If a visitor decides to sue you for damages, liability insurance helps pay for your legal fees, up to the limits of your policy.

Additional Living Expenses

A major disaster could force you out of your rental home until repairs are made. Additional living expenses coverage compensates you for such basics as food, hotel bills, transportation, etc., until you can return home again.

For more information about renters insurance coverage and costs, call or visit Acme Insurance Brokerage in Amityville, NY.