Tag: Renters

Best Renters Insurance Companies of 2020 | Renters Insurance

Best Renters Insurance Companies of 2020

While homeowners often are required by their lender to have homeowners insurance, many renters are under no such constraints. Renters insurance is neither mandated by law nor demanded by every landlord.

Yet just as driving a car responsibly requires insurance, it’s a good idea to insure your possessions in your rental property from being damaged or destroyed in a fire or other unforeseen event. And thanks to companies with online and mobile options, it’s easier than ever to find a policy to fit your budget.

“Renters insurance can be surprisingly affordable, though it does pay to shop around,” says Eric Cioppa, president of the National Association of Insurance Commissioners (NAIC) and superintendent of the Maine Bureau of Insurance. He says that a landlord’s insurance doesn’t cover tenants’ personal property, so they are well-advised to take out their own insurance policies. But according to a

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Renters Insurance | Erie Insurance

Renters Insurance | Erie Insurance

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Living expenses

After a covered loss, you may need somewhere to stay while your building gets repaired. Your renters policy provides coverage for additional living expenses such as lodging, food, and other costs.(Consult your policy for limits.)

Liability protection

Coverage for damage to property of others, or for other people who are injured or harmed accidentally while visiting your home.

Protection away from home

It covers your liability and personal property everywhere you go — anywhere in the world.

We’ve got you covered

Your things are important to you. A policy from Erie Insurance^ can protect your belongings after a covered loss.

Your landlord’s policy

Your building’s insurance policy most likely does not cover your personal belongings.

^See individual policies for specific coverage details. Certain terms and limitations may apply. Refer

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