March 2011 - RENTER’S INSURANCE
Source: Stephanie Craft-Gannett News Service
Crossett Real Estate Services
When you look around your apartment (or rental unit),
you may not think what you own adds up to much.
But what if suddenly one day it all was all gone, burned in a fire, stolen, destroyed in an
earthquake, hurricane or tornado? What would it cost to replace
your stereo, television, kitchen table, sofa, lamps, pictures, towels,
dishes, books, shoes (computers, electronic equipment, appliances,
compact disks, etc.)?
Perhaps more than you think.
Many Renters mistakenly believe their Landlord’s insurance covers Tenants in the
event of a fire or burglary. The Landlords insurance usually only
covers the building itself, not a Tenant’s belongings. “The
Landlord’s responsibility ends where your door begins.”
What a basic typical policy might cover:
Personal property-virtually anything you own is considered personal property
whether it is in your apartment or along with you on vacation.
(If someone steals your suitcase in Bora Bora, a Renter’s policy might
Medical bills-Coverage might apply to persons visiting your apartment or house but do not live
there but are injured in your apartment or home.
Liability-If that injured visitor decides to sue you, a Renter’s policy might cover
to prior page
This web page was updated on 02/25/2011.