“I didn't understand the coverage on my policy, but my agent took the time to explain everything clearly so I could make the best decision for me and my family. I wish I had found Inside Insurance sooner”
Homeowners insurance provides financial protection against disasters. A standard policy insures the home itself and the things you keep in it.
Homeowners insurance is a package policy. This means that it covers both damage to your property and your liability or legal responsibility for any injuries and property damage you or members of your family cause to other people. This includes damage caused by household pets.
Damage caused by most disasters is covered but there are exceptions. The most significant are damage caused by floods, earthquakes and poor maintenance. You must buy two separate policies for flood and earthquake coverage. Maintenance-related problems are the homeowners' responsibility.
Landlord insurance provides coverage for property owners renting out one or more residential homes, apartments, or condos. As a landlord, you need protection from financial loss that may result from damages to a rental property due to fire, break-in, severe weather and more. You can get insurance to help cover loss of income in the event that your rental units become uninhabitable due to circumstances beyond your control.
Renters insurance works much the same way Homeowners insurance does…except it’s tailored to renters (thus the name). See, when you rent, some think that the Landlord’s insurance covers you and your stuff too. But no dice. Your Landlord’s insurance is only there to cover them and their property…not yours.
That’s why Renters insurance is so important! It works to cover your:
Personal possessions – Personal liability – Medical payments – Additional Living Expenses – coverage for extra temporary living expenses if your place is damaged and becomes uninhabitable.