Do Renters Insurance Policies Cover Water Damage?

Renting a home brings a sense of security, but unforeseen events like water damage can quickly turn that security into stress. Many renters wonder, "Does renters insurance cover water damage?" In this blog post, we'll explore the intricacies of renters insurance and the scenarios in which it does and doesn't provide water damage coverage. When Does Renters Insurance Cover Water Damage? Renters insurance can save water damage, but the coverage often depends on the cause. Generally, renters Read More

Thinking About Getting Renters Insurance? Here’s What You Need to Know

Renters insurance is property insurance that protects the insured against liability claims and pays losses to personal items. It is also known as tenant’s insurance. Under this insurance, your landlord is liable for any injuries brought on by structural issues. This insurance covers anything from a studio apartment to an entire home. Purchasing tenant insurance could be a wise investment, even if you're only moving in or staying in a home for a year. It's likely the cheapest and most Read More

How Do Insurance Deductibles Actually Work?

If you've ever bought insurance or filed a claim, you've certainly heard the term "deductible," but you might not know what it means or how it works. A deductible is an amount you need to pay out of pocket before your insurance coverage is triggered and starts paying for the peril. The type of deductible you choose depends on the coverage you have. Auto insurance deductibles are often grouped into two types: collision and comprehensive. A collision deductible is a set dollar amount that you Read More