Our plans include protection for structural and personal property damage as well as liability, and the
provision of additional living expenses in the event that your home needs to be restored or rebuilt.
You're also protected from the costs
of additional living expenses such as hotels and meals that you can't cook at home because your home can't be used after a covered loss.
If a covered loss such as a fire prevents you from using the apartment while repairs are being made, or while you're relocating, this coverage kicks in to take care
of additional living expense incurred as a direct result of the covered loss, such as hotel costs.
Property Damage and Personal Liability coverages are pretty standard fare, though most homeowners choose to add some
form of Additional Living Expenses and Medical Payments to their policy as well.
If a covered loss such as a fire prevents you from using the apartment while repairs are being made, or while you're relocating, this coverage kicks in to take care
of additional living expense incurred as a direct result of the covered loss, such as hotel costs.
A basic renters insurance policy with $ 15,000 of personal property and $ 100,000 of liability, as well as $ 1,000 of medical payments to others and $ 4,500
of additional living expense coverage might cost around $ 125 - $ 150 a year for most people.
Renters insurance policies also provide coverage for liability protection and the cost
of additional living expenses in the event the house or apartment is rendered unlivable due to an insured disaster.
If that loss is so bad that you're not able to use the apartment, such as in the case of a serious and unattended burst pipe, you have loss of use coverage to take care
of additional living expenses such as a hotel stay.
If you have a basic renters insurance policy in Seattle, you might have $ 15,000 of personal property coverage, $ 100,000 of liability coverage, $ 4,500
of additional living expenses coverage, and $ 1,000 of medical payments to others.
If there's a covered loss like a fire, or a burst pipe, and you can't stay in your home as a result, loss of use coverage takes care
of the additional living expenses.
Charlotte, NC renters insurance would have taken care
of those additional living expenses, and saved the property manager fourteen grand!
All of your additional living expenses (specifically those needed to sustain a normal standard of living) or fair rental value (income lost from renters).
Don't forget about loss of use coverage, which takes care
of your additional living expenses and ensures you're not paying double for living costs after there's a loss.
A basic renters insurance policy with $ 15,000 of personal property and $ 100,000 of liability, as well as $ 1,000 of medical payments to others and $ 4,500
of additional living expense coverage might cost around $ 125 - $ 150 a year for most people.
If that loss is so bad that you're not able to use the apartment, such as in the case of a serious and unattended burst pipe, you have loss of use coverage to take care
of additional living expenses such as a hotel stay.
A basic renters insurance policy might provide $ 15,000 of personal property coverage as well as $ 5,000
of additional living expense coverage.
If there's a covered loss like a fire, or a burst pipe, and you can't stay in your home as a result, loss of use coverage takes care
of the additional living expenses.
Loss of use coverage takes care
of additional living expenses, including somewhere else to stay after a covered loss, like a fire.
If you have a basic renters insurance policy in Seattle, you might have $ 15,000 of personal property coverage, $ 100,000 of liability coverage, $ 4,500
of additional living expenses coverage, and $ 1,000 of medical payments to others.
Charlotte, NC renters insurance would have taken care
of those additional living expenses, and saved the property manager fourteen grand!