As a renter, you can rest assured that purchasing renters’ insurance is a great safety net when it comes to protecting your belongings. However, it’s also important to know what’s not covered by renters insurance so that you can take the proper measures. Idaho Select Insurance is dedicated to helping all Meridian, ID residents understand how renters insurance works as well as what’s not covered.

The ABC’s of Renters Insurance Coverage

Generally speaking, renters insurance covers your personal property, liability, and even living expenses if you have to leave your rented space because it’s uninhabitable. Renters insurance can provide money to replace stolen or damaged belongings. This type of insurance for stolen and damaged property as well as personal liability if you cause an accident or damage or harm to someone else and their property. However, renters insurance also provides coverage for your personal items even when they ardent in your rental unit. For example, renters insurance can also cover items that are stolen from your car.

What’s NOT Covered by Renter’s Insurance?

Obviously, renters insurance can cover many things. However, there are specific situations where items would not be covered. Accidental damage or breakage to a personal item isn’t covered under renters’ insurance. Although renters insurance does cover items damaged by natural disasters, it won’t cover flood damage. If you live in a flood zone, it may be necessary to purchase flood damage because renters insurance will not cover flood damage. You should also note that your roommates’ items aren’t covered under renters’ insurance. Furthermore, although items stolen from your car are covered, your stolen car won’t be covered. Auto insurance would have to cover auto theft. Unfortunately, any kind of damage or loss incurred from rodents, pests or bugs isn’t covered by renters’ insurance either. Damage to your items as well as personal liability for damage to others is covered. However, damage to the rental structure itself isn’t covered. Your landlord’s insurance should cover this type of damage. 

If you have questions about what is covered and what’s not, give us a call. Our Idaho Select Insurance team is standing by to answer all of your questions. We are here to educate our Meridian, ID residents and help them to invest in the type of insurance that would benefit them most.