Most people buy their first renters policy because a leasing office insisted, and nobody ever explains what they bought. It has three parts and they do three different jobs.
Contents, liability and loss of use. Those are the three things a renters policy does.
Three parts, in the order they matter.
If you cause a fire, flood the unit below, or someone is injured in your home, this is what responds. It is the piece with the largest possible claim behind it and the one tenants think about least. The limit is usually left at whatever the lease demanded.
If a covered loss makes the home uninhabitable, this pays the additional cost of staying somewhere else. On most renters claims it is a larger figure than the belongings, which is the opposite of what people expect.
Furniture, clothing, electronics, covered at home and generally away from it too, subject to the deductible and category sub-limits. This is the part everyone pictures and in practice it is frequently the smallest of the three.
Getting the three parts right.
Raising it above the lease minimum costs very little.
Frequently the biggest number on a real claim.
The upgrade that matters most and costs least.
Tell us what the lease requires and what you own. We will explain rather than just quote.
