Many people who rent know they don’t need to worry about responsibility in the event an unexpected event occurs and results in the need for property repairs. However, to ensure your personal possessions are covered, you will need to invest in renters insurance from an insurance agency like Express Insurance, serving Longwood, FL. Here are a few frequently asked questions regarding renters insurance.

What Does Renters Insurance Cover?

Renters insurance is specifically designed to cover your personal possessions from an assortment of covered perils, such as falling tree branches, high winds, and fires. Renters insurance also covers your belongings against vandalism, theft, and other forms of criminal activity. In the event your personal items suffer damage or are completely destroyed, your insurance company may pay for the repairs or replacement of the item.

Renters insurance includes liability coverage that will protect you from legal action in the event you cause damage to someone else’s property or someone suffers an injury while on your property. 

What Does Renters Insurance Not Cover?

Earthquakes and floods tend to be excluded from renters insurance coverage. Because of this, especially if you currently live in a high-risk area, you will want to purchase the necessary additional coverage. In some cases, depending on the items that you are insuring, you may need to increase the coverage to ensure your belongings are properly covered in the event of a disaster.

How Much Coverage Is Needed?

In order to determine how much renters insurance coverage you need, you need to create an inventory list of your belongings. While this sounds overwhelming and time-consuming, it is necessary. In addition, there are many websites and phone apps out there that will make the entire process much easier for you. 

When you have questions or need to invest in renters insurance, you can rely on the professionals at Express Insurance, serving Longwood, FL.