Renters insurance is used for your protection as well as for the protection of your property and belongings when you are renting an apartment, house or other living space. The factors that affect the rate of renters insurance include the type of coverage selected, the amount of coverage purchased and the deductible amount. For an affordable price, you can be protected from property damage as well as potential legal liabilities.
This hurricane season, it's important to review your renters insurance policy to check if you have coverage for water damage. ServiceMaster of the Upstate discusses the basics of renters insurance below.What Does Renters Insurance Cover?The coverage of a renters insurance policy depends on the insurance provider and the policy purchased by the renter. Basically, a standard renters insurance policy may cover property losses resulting from the following:
Water Damage from Flooding
Water Damage from Ceiling Leaks
Water Damage from Toilet Flood
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