Renters’ insurance is similar to homeowners’ insurance in that it provides coverage for a renter’s belongings. It also provides coverage for personal belongings, theft, and vandalism. Renters’ insurance provides liability coverage as well. Renters’ insurance provides peace of mind for tenants by protecting their belongings. Our Spokane, WA team at Capital Insurance is invested in helping renters understand the benefits of insurance and get the coverage they need.<\/p>\n
Renters insurance provides financial compensation for damaged and stolen belongings. The renter pays a monthly fee to maintain his or her insurance policy. If a personal item is vandalized, stolen, or damaged, the renter files a claim to be reimbursed for the vandalized, damaged, or stolen item. However, your loss must be covered by your renter’s insurance policy. As with any insurance policy, there are guidelines that outline what’s covered and what’s not covered. You are covered up to the maximum limits of your insurance policy, minus your deductible. Your policy’s limits are clearly outlined. Anything that exceeds the limits of your policy will not be covered. <\/p>\n
No. Your renter’s insurance policy will only cover your belongings, although you live with your roommate. Your roommate must purchase his or her own insurance policy or be a policyholder on your renter’s insurance. Renters insurance is designed to cover the policyholder and his or her belongings only. However, if your roommate’s belongings are damaged as a result of something you did, the liability coverage may cover the damage. If you have more questions about renter’s insurance, call us at Capital Insurance in Spokane, WA. We’d be happy to answer all of your questions. <\/p>\n","protected":false},"excerpt":{"rendered":"
Renters’ insurance is similar to homeowners’ insurance in that it provides coverage for a renter’s belongings. It also provides coverage for personal belongings, theft, and vandalism. Renters’ insurance provides liability coverage as well. Renters’ insurance provides peace of mind for tenants by protecting their belongings. Our Spokane, WA team at Capital Insurance is invested in […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[14,13],"class_list":["post-66","post","type-post","status-publish","format-standard","hentry","category-renters-insurance","tag-capital-insurance","tag-spokane-wa"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t