what type of renters policy can we get to cover our contents and to give us liability coverage and does it cover items away from home
Total Comments: 4
Posted: Fri Sep 03, 2010 02:21 am Post Subject:
a standard renters policy covers your contents and provides liabilty...and usually provides limited coverage for contents away from home, you'll need to check the product you are buying, but they are pretty simple, and very affordable. make sure you AND your boyfriend are listed on the policy to cover both. be sure to get a policy that provides replacement value on your contents, not ACV.
Posted: Fri Sep 03, 2010 02:23 am Post Subject:
And if the HO-4 policy does not provide the kind of coverage for special items you may have, or certain items away from the premises, then you may also want to consider a "personal articles floater" for the additional coverage. An experienced local agent will be able to assist you.
Posted: Fri Sep 03, 2010 02:50 am Post Subject:
those personal floaters are great...have one on my wifes ring. i think its an extra $25-30 a year, covers replacement value.
Posted: Fri Sep 03, 2010 02:53 am Post Subject:
And here in California, it would even cover the ring if squashed by falling debris in an earthquake, while the HO-4 will not. Personal article floaters are known as "all-risk" coverage. Only the named excluded perils will not be covered -- usually things like "mysterious disappearance".
Posted: Fri Sep 03, 2010 02:21 am Post Subject:
a standard renters policy covers your contents and provides liabilty...and usually provides limited coverage for contents away from home, you'll need to check the product you are buying, but they are pretty simple, and very affordable. make sure you AND your boyfriend are listed on the policy to cover both. be sure to get a policy that provides replacement value on your contents, not ACV.
Posted: Fri Sep 03, 2010 02:23 am Post Subject:
And if the HO-4 policy does not provide the kind of coverage for special items you may have, or certain items away from the premises, then you may also want to consider a "personal articles floater" for the additional coverage. An experienced local agent will be able to assist you.
Posted: Fri Sep 03, 2010 02:50 am Post Subject:
those personal floaters are great...have one on my wifes ring. i think its an extra $25-30 a year, covers replacement value.
Posted: Fri Sep 03, 2010 02:53 am Post Subject:
And here in California, it would even cover the ring if squashed by falling debris in an earthquake, while the HO-4 will not. Personal article floaters are known as "all-risk" coverage. Only the named excluded perils will not be covered -- usually things like "mysterious disappearance".
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