4 Interesting Things Renters Insurance Covers

Insurance is often associated with a car, home, or health. If you are renting out, you probably have heard of renters insurance. Similar to home insurance, renters insurance protects you against unpredictable events. The policy protects and covers renters' belongings.

It is essential to know the importance of renters insurance and the benefits it provides. Understanding your insurance can save you from trouble. You should know what your insurance does and does not cover. By doing so, you can avoid emergencies and shell out unforeseen expenses.
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Here are four interesting coverages of renters insurance every insurance carriers must know:

Your Belongings While on Travel
Keeping your doors locked gives you peace of mind, but knowing your belongings are protected gives extra assurance. Renters insurance covers your personal belongings that you bring with you while you are out. Your possessions are insured from theft and other covered losses.

Alternative Accommodations
Insurance companies usually pay insurance carriers while your homes are uninhabitable due to covered disasters, such as a fire. While your home is under repair, renters insurance ensures you live your everyday life elsewhere.

If you have a pool that you use daily, your renters' insurance has to accommodate you in a place with a pool. If you take care of pets, they have to find you a pet-friendly accommodation.

Off-Premise Belongings 
One thing policyholders don't realize is that off-premises are usually covered. Take vehicle break-in as another example. The auto insurance covers the damage to the vehicle itself. But you get paid for the stolen items as long as the items' value has exceeded your deductible.

Your policy also covers your belongings when you move them someplace else to protect them from a covered disaster. It becomes necessary during a hurricane, where coverage commonly lasts for a month.

Liability Coverage
Liability coverage is included in a standard renters policy. This coverage covers the costs when someone is injured while at your home. It also provides protection when you accidentally injure someone that is also protected by insurance. Depending on the policy limit, it may also cover legal expenses.

Conclusion
There are several surprising coverages that renters insurance carries. You have to ensure you read and understand your policy. Understanding your benefits will save you from trouble.

At Arnold Insurance Agency, we put our clients first by offering them policies that they can afford. Having insurance is a necessity nowadays, and we're here to help you out. Learn more about our products and services by calling our agency at (318) 965-5953. You can also request a free quote by CLICKING HERE.