Renters Insurance

Acquiring renters insurance is worth considering if you rent a home, apartment or another type of dwelling. The right policy can help financially protect your personal belongings kept inside the place you’re renting from damage or robbery, alleviating the stress of having to pay high out-of-pocket costs following an accident.

What Renters Insurance Covers

While policies will generally vary among tenants, a typical renters insurance policy might include some of the following coverages:

• Possessions coverage
• Liability coverage 
• Additional living expense coverage

These plans can be tailored with additional coverage options such as: 

• Scheduled items riders. 

• Umbrella liability insurance. 
• Flood insurance. 
• Earthquake and windstorm endorsements. 
• Pet liability insurance. 

How Renters Insurance Claims Work

Upon filing an insurance claim, your insurance provider will likely send a claims adjuster to investigate the incident you’re filing a claim for. After the investigation, you will receive a certain amount of reimbursement for lost or damaged items. Reimbursement values vary significantly depending on the items that were stolen or damaged.

Why Renters Insurance Is Important

As a tenant, getting a renters insurance policy is essential if you keep any personal belongings or items with significant value. It is a financial blanket that can ease your mind by knowing you’ll be protected if an incident like a robbery occurs.

Reach Out Today

If you are a tenant near Clio, Michigan, our agents at Eaton Insurance Services can help you learn more about potential renters insurance policies so you can decide on the right coverage for you and the dwelling you’re renting.

Reach out to our agency today at 810-686-1470 for more information.