Renter's Insurance (personal property, property, liability, limit)

[RebeccaLeigh]

Your renter's insurance does not cove Flood, no homeowners policy will cover flood, that is seperate. However Renters will cover fire,theft,lightnig, and things like that. The only time water damage would be covered is if the damage is caused by an overflow of a sewer or drain, and often that has to be added seperatly.

[aragx6]

Are you sure about that? I was under the impression that my stuff is covered from damage no matter what happens. I'm not in a flood plain, but now I'm wondering.

I know homeowner's insurance doesn't cover floods.

OP, I would go ahead and check with your insurance company now. I doubt that you're fully covered as a renter here as well, but it's worth checking on.

But yeah, it's super cheap and 100% worth the cost.

[RebeccaLeigh]

I'm positive I sell insurance, and people are always surpried, but no, any homeowners policy, and that includes someone who owns a home, a renter, and a condo policy do not include flood,ever. But in all a renters is policy is well worth it, for the price it will replace all of your belongings and pay for you to stay somewhere else.

[austin-steve]

I know homeowner's insurance doesn't cover floods.

The instance in which a "flood" would in fact be covered is when a plumbing break or roof leak occurs and your house "gets flooded". I've had my rental properties "flood" due to a broken commode supply line, and it's covered by normal insurance.

For rising water that enters the house from outside, due to rain, broken levy, broken water main on your street, etc., that is a "rising water" "flood" and is not covered by renters or home owners insurance.

Steve

[aragx6]

Thanks for the clarification.

I don't think there is any scenario where I could be flooded from the outside (even a water main wouldn't do it as I'm on the second floor)

[ajzjmsmom]

I agree with everyone else. We have always had it just in case and it is so inexpensive, we have pretty substanial insurance to cover us and it only costs us $15 a month. We have ours through State Farm.

[RebeccaLeigh]

You have to be carefule though most of time unless you specifically ask for water back-up coverage it is not included, or the coverage is limited.

[Leanne Mantos]

Hi all! I'm a sales rep for Liberty Mutual in the framingham office. We have great rates on renters insurance. We also offer a 20% discount on renters insurance if you have auto with us. Please give me a call if you need a quote! 508-649-9479 cell business 508-875-6955 x50070 or check out my website Auto insurance, Home insurance and more | Liberty Mutual thank you!

[Leanne Mantos]

Please also beware that renters insurance has theft limits! meaning if someone breaks in and steals all your jewelry, the most you can get for that loss is $1,500 per occurence. The theft limit on silverware is $2,500. If you schedule items, you can eliminate the theft limitation. Just FYI! i know insurance can be boring but you need to know these things

[annerk]

Originally Posted by aragx6

Are you sure about that? I was under the impression that my stuff is covered from damage no matter what happens. I'm not in a flood plain, but now I'm wondering.

I know homeowner's insurance doesn't cover floods.

OP, I would go ahead and check with your insurance company now. I doubt that you're fully covered as a renter here as well, but it's worth checking on.

But yeah, it's super cheap and 100% worth the cost.

I doesn't cover floods. Period.