Renters insurance is an important form of coverage for tenants here in the Pinellas County area who rent their homes or apartments. It can provide financial protection against losses due to theft, fire, and other unexpected events. But what exactly does a policy from us at Zenith Insurance Group cover?
What does renters insurance cover?
Generally speaking, renters insurance covers three main areas: Personal Property, Liability Coverage, and Additional Living Expenses.
Personal Property coverage compensates tenants for any damage or loss of their personal possessions, such as furniture, electronics, clothing, and more.
Liability Coverage provides protection from lawsuits if someone is injured in your rental home or apartment and you are found legally responsible for the incident.
Finally, Additional Living Expenses covers the cost of alternative housing should your rental property become unlivable due to a covered event.
Renters insurance also typically includes coverage for Guests’ Property Losses where you are held liable when visitors’ possessions are damaged or stolen while on your premises. Depending on the policy specifics you’ve chosen, there may be additional coverage available as well including pet liability coverage in case your pet causes bodily harm or property damage; identity theft expense coverage; credit card fraud; and more.
In many ways, renters insurance is like homeowners insurance – except tailored specifically to those renting a home rather than owning it. It’s an essential form of protection that helps give you peace of mind should something happen to your belongings while living in a rental property.
We Can Help!
For more information, or if you want to find a policy that meets your needs and your budget, give us at Zenith Insurance Group a call today. We are proud to serve the Pinellas County area and would be happy to help you.