Why Renter's Insurance Matters
Renter's insurance is sometimes seen as nothing more than an additional cost and forgoing coverage can seem like an easy way to save some extra money at the end of the month. However, rental insurance often covers scenarios you would least expect, making a small monthly cost a smart investment in yourself.
Personal Property Coverage, Anywhere in the World
Your items are covered, no matter where you are, with a renter's insurance policy. For example, if you are travelling and have brought your favourite piece of jewellery and accidentally left it at the airport or hotel, you will be able to claim this loss with your renter's policy. Renter's insurance covers the contents of your home, no matter where they are. In addition to this, renter's insurance offers coverage for replacement costs if your items are damaged by an incident included in your policy.
Unpredictable Accidents and Unlivable Conditions Are Covered
In the event that your home becomes damaged from water, the elements or even a kitchen fire, you will be covered for repairs and alternate housing through your renter's policy. This is the season for bursting pipes and unpredictable weather, so having predictable coverage is always a help!
Personal Liability Coverage
Most renters would be surprised to learn that this is also a part of their policy. If someone is at your home and becomes injured, you are covered in the event that they seek compensation.
Identity Fraud Compensation and Coverage
If you are exposed to identity theft at your home (such as with stolen mail) you will be covered by your policy as you recover the costs incurred during this event.
Renter's insurance, in most people's minds, covers items in your home in the event of a burglary, but in reality, this type of coverage allows you full protection to events that have occurred within the home (such as accidents) to outside the premises (weather events, identity theft) as well as full protection for your belongings anywhere in the world. We have partnered with Sure to show Roomies' members the benefits of renter's insurance, to read more about how renter's insurance could protect your current or future dwelling please read here.
Content and associated insurance products are provided by Sure HIIS Insurance Services, LLC ("Sure"), a licensed seller of insurance. The above does not in any way constitute an endorsement or referral by ClearNow of Sure's products or services.