Comprehensive Renter’s Insurance Policies in Chagrin Falls, OH, and the surrounding communities

Renter’s insurance is intended to protect against unexpected events such as theft, fire, or injury to a visitor. A typical policy will include three types of coverage:

• Personal Property: This includes items such as clothing, electronics, and furniture and covers the cost to repair or replace them if damaged or destroyed.

• Liability: This will reimburse you in the event you have to pay the medical bills of someone who was hurt on your premises or the repair bills for damaging someone else’s property.

• Living Expenses: This pays for additional costs you incur when your primary residence becomes uninhabitable, such as hotel bills.

Your renter’s insurance will pay up to a maximum amount allotted by your policy limits for you personal property. In order to determine how much personal property coverage you need, take an inventory of all the things you own and add up their value. Note that a standard policy may not have provisions for every single belonging in your possession, such as a valuable piece of jewelry, meaning that additional coverage may be warranted.