Tenant insurance covers people who rent their home, condo or apartment and the potential liabilities. Although many people think that renters do not need insurance, there are a lot of advantages for tenants who have this coverage. Tenant policies cover the renter for the value of their personal property, personal liability and may even help with costs if their rented home becomes uninhabitable in the event of loss. All this for a couple of dollars a month! Renters can obtain several levels of insurance from the basics to VIP coverage.
As a homeowner, tenant insurance covers a renter’s personal property and protects them in the event that they accidentally damage the premises they rent.
Ask your Ogilvy Insurance representative about the specific coverage in your policy. For added liability protection, inquire about Personal Umbrella Liability which offers increased protection while being surprisingly affordable.