Imagine what it would cost to replace everything in your place: laptop, clothes, electronics, dishes, even that hand-me-down couch. A pretty penny, we’d bet.
Many renters aren’t aware that their landlord’s insurance only covers the property itself – it doesn’t cover your stuff if it’s stolen, damaged, or destroyed. Renters insurance (sometimes called tenant insurance) covers your valuables, furniture and, well, pretty much all of your personal items.
Your renters policy also provides liability coverage in case someone gets hurt while in your home or if you unintentionally injure someone or damage their property (including the building where you live).
It’s an inexpensive investment that could mean significant savings if you ever suffer a loss.
Identity Theft Expense Coverage
Your renters insurance policy includes identity theft expense coverage, which helps to cover you financially if your identity is stolen. Identity theft expense coverage comes with no additional premium, and any claim under this coverage will not affect your claims-free status.
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This webpage contains information about coverages offered by AMA Insurance but is not intended to list all the conditions and exclusions that apply to described coverages. Complete provisions, exclusions and limitations are set out in policy wording booklets, declarations and other insurance documents.
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