Sentences with phrase «under open perils»

If you need higher limits of coverage, or if you want a low amount of personal property coverage on your renters policy, or even if you just like to have the ring insured separately under an open perils form, the personal articles floater is the way to go.

Generally, the exclusions discussed indicate things that are commonly not covered under open perils or named perils renters insurance.

Insurance carriers may place some restrictions on the type of coverage that is offered under an open perils policy.

This is a result of the general and open coverage you will typically receive under an open perils policy.

If, however, a wild elephant tramples your new laptop while you're sitting on your porch with your morning coffee, that could be covered under an open perils policy but might not be under a named perils policy.

If, however, a wild elephant tramples your new laptop while you're sitting on your porch with your morning coffee, that could be covered under an open perils policy but might not be under a named perils policy.

Not exact matches

In other words, the exclusions on an open perils renters insurance policy mostly fall under the broad category of «If you suffer that kind of loss, you've many more grave concerns than insurance coverage.»

When there's a loss, whether it's covered under named perils or open perils, you contact your insurance.

When there's a loss, whether it's covered under named perils or open perils, you contact your insurance.

Renters insurance liability is on an open perils basis, which means that generally anything not excluded (like criminal acts) is covered under your renters insurance liability coverage.

In other words, the exclusions on an open perils renters insurance policy mostly fall under the broad category of «If you suffer that kind of loss, you've many more grave concerns than insurance coverage.»

Named perils coverage compensates you when property damage is a result of an event listed on the policy, while open perils coverage compensates you under nearly any circumstance.