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Protection Provided By Renters Insurance

What you need to know about your renters insurance policy. Renting a house is a great way to have a space of your own without having to worry about all the upkeep that comes with owning the property. However, just like a homeowner, you also have to consider which insurance options will work to keep you and your personal belongings safe. Consider these situations when it comes to finding the right renters insurance policy that will fit your needs. You have a flood – if an upstairs toilet starts to overflow, it will just be a matter of hours before the water makes its way downstairs. No matter what type of interior flood you experience, you can feel safe knowing that your renters insurance policy will cover any damage the water causes to your assets and home. You have a fire – a fire can start in just seconds and make its ... Read more

Does Homeowners Insurance Cover Flooding?

Know what your homeowners insurance policy covers in Oakley, CA. The biggest misconception about a homeowners insurance policy is that it covers the damage caused by floods. Typical homeowners insurance does not cover flood damage, and this can be a costly lesson to learn. Flood damage can not only destroy your personal belongings, but it can ruin the infrastructure of the home, causing it to become destitute. Water Coverage In the event of a pipe burst in the cellar, or some other household failure, your homeowners insurance may cover your flooded basement damage. For storm-related flooding damage, you will need flood insurance. It is important to note that most policies must be in place for at least 30 days to be in effect, so a last-minute purchase when you hear about flooding potential will be too late. Risk When determining if you should acquire flood insurance, you must asses your risk of floods. While ... Read more

Facts You Should Know About Renter’s Insurance

Renter's Insurance 101 Even though renter’s insurance is one of the most affordable types of insurance out there, it is also one of the most misunderstood. Since many people do not fully understand renter’s insurance, it leaves them uncovered from many situations. Keep these renter’s insurance facts in mind to help make sure that you are properly protected from any peril. You face liability issues without renter’s insurance – if someone is injured while visiting your home, you can be sued for their injuries. Your renter’s insurance policy will cover any legal costs that are associated with the accident to keep you financially stable. Your landlord’s policy won’t protect you – even though your landlord will have an insurance policy for the property, it will only provide coverage for the structure of the home, not for your personal belongings that you keep inside. The only way to cover your assets is with ... Read more