Once you pay your deductible, you'll get paid for damage or theft of covered
items up to those coverage limits.
Not exact matches
Usually a renters policy will
limit coverage for storage unit
items up to 10 % of your total
coverage.
It's advisable
to increase your aggregate personal property
limit to account for that, otherwise you may find yourself in a situation where there's
coverage for the high value
item but you run
up against the personal property
limit for other
items.
It also covers
items socked away in a storage unit...
up to your
coverage limits, of course.
The vast majority of your belongings will be covered
up to the
limits of your policy, but some
items will be
limited as
to how much
coverage you get.
If your home was burglarized or
items were damaged in a covered incident, Petri says this
coverage would help pay
to replace your property
up to the
limits stated in your policy.
A permanent loss of luggage is covered under travel insurance baggage
coverage, which reimburses the insured traveler (
up to the policy
limit) for the value of lost luggage and the personal
items inside.
A temporary loss of luggage is covered under travel insurance baggage delay
coverage, which reimburses the insured traveler (
up to the policy
limits) for the purchase of essential personal
items necessary until their luggage arrives.
If more than one electronic
item is stolen, you will have used
up the
limit of your
coverage pretty quickly and have
to pay the rest
to replace those
items out of pocket.
While you may have $ 600 in baggage
coverage, the plan may have a per -
item limit of $ 300 which means it will only pay
up to that amount for a single
item.
The
coverage provides replacement value for the
items in your bag as well as replacing the bag itself (
up to the plan
limits).
Having a travel insurance plan with adequate baggage
coverage means you will be reimbursed (
up to the plan
limit) for necessary
items, including the bag itself no matter where your bag is stolen during your trip.
A travel insurance plan with adequate baggage
coverage protects you by reimbursing you
up to the plan
limit for replacing necessary
items, including the luggage itself.
It also covers
items socked away in a storage unit...
up to your
coverage limits, of course.
Renters insurance typically provides
coverage,
up to the
limits you select, for specified
items and situations, including:
It's advisable
to increase your aggregate personal property
limit to account for that, otherwise you may find yourself in a situation where there's
coverage for the high value
item but you run
up against the personal property
limit for other
items.
If your home was burglarized or
items were damaged in a covered incident, Petri says this
coverage would help pay
to replace your property
up to the
limits stated in your policy.
If a policy lists «replacement cost,» it will pay for the actual cost of replacing the
items up to a policy's
coverage limits.
You get the covered
item paid for in full in like kind at today's value
up to the
limits of your policy
coverage.
However, some policies will only cover these
items up to a set dollar
limit, so you should check the
coverage details for each policy you're comparing.
Nationwide renter's insurance
coverage options are available for personal liability
to cover bodily injury or property damage
to others (an additional personal umbrella policy endorsement is also available that will add more liability protection
to your policy), water backup, credit card
coverage (pays for unauthorized transactions on your credit / debit cards
up to a specified
limit), firearms
coverage,
coverage for high - value
items (computers, jewelry, electronics, etc.), personal umbrella
coverage, credit card payments, as well as theft protections for valuables stored away from home.
The vast majority of your belongings will be covered
up to the
limits of your policy, but some
items will be
limited as
to how much
coverage you get.
Besides providing higher
coverage limits (usually
up to the appraised value) for certain valuables, you may find that a scheduled personal property rider helps protect those
items from a greater number of risks.
Whether your rented house gets wind damage resulting in the loss of some of your belongings, or everything goes
up in smoke in a widespread condominium fire, personal property protection gives you financial help in replacing lost
items covered by a claim,
up to the
limits of
coverage you have elected
to carry.
Most policies written today use Full Replacement Value
coverage which will pay for full replacement costs
up to the
limits of the policy, but some insurers still write policies for Actual Cash Value, which only pays you a depreciated amount for the losses based on the age and condition of the
items involved.