There are three main types of coverage you get when you purchase renters insurance: personal property coverage, liability coverage, and additional living expenses. Personal property coverage has your back in case anything happens to your property. Keep in mind that since you’re renting the home where you currently reside, the home itself isn’t considered your personal property. Liability insurance covers you if you’re found responsible for damaging somebody’s property or paying their medical bills. If something like this happens, your liability insurance will kick in to make sure you and your landlord don’t have to worry about paying for those expenses. Additional living expenses coverage makes sure you’re covered when something happens to your rental property and you need temporary accommodations. This coverage can pay for things like hotel bills when you’re forced out of your home or apartment.

If you need reliable renter’s insurance for your property, Beacon Insurance has you covered.