Renters Insurance

Protecting your home from unexpected events may sometimes prove challenging, so getting coverage for your assets will be ideal. Renter’s insurance comes in handy here, allowing tenants within Washington to have suitable safeguards against various perils. Below, Spokane Valley Insurance discusses the types of policies available within the state.

Liability Coverage

This takes care of two policies: the first is bodily injury liability. This will be handy when your guests get injured during trips and fall accidents and when they incur pet bites. It will pay for hospital bills, x-ray, ambulance, and consultation expenses.

The second coverage is property damage liability, which pays for 3rd party repair expenses when belongings are destroyed in your home. Liability coverage will pay your legal fees and damages when these claims lead to a lawsuit. Lastly, covered household members can also enjoy liability coverage, allowing you to limit your expenses.

Personal Property Coverage

Personal property coverage reimburses you for damages incurred when your belongings are unexpectedly damaged. Examples of items covered are your furniture, electronics, and clothing. It helps pay for repair and replacement costs when covered perils such as fire, hail, vandalism, and theft occur. Note that this cover has exclusions, with possessions such as fine art and jewelry often not covered.

Additional Living Expenses Coverage

Additional living expenses coverage protects you when covered perils damage your rented house or apartment. If a fire outbreak or hail damage renders your home uninhabitable, this coverage will reimburse you for the extra living costs. It will help pay for your transport, accommodation, and meal costs until your home is fixed.

If you reside within Washington and need the policy to protect you and your loved ones, renters insurance will be your go-to. Contact Spokane Valley Insurance today to help start your renter’s insurance journey.