Renters insurance does more than cover your personal belongings that you keep in your apartment. It also covers personal property that’s lost or damaged away from home. At Northeast Insurance Advisors LLC, serving Easton, PA, we’ve seen how this kind of coverage protects renters’ belongings in many situations. Read on to learn more about what renters insurance can do for you.
How Renters Insurance Covers Loss of Property When You’re Away From Home
A renters insurance policy has a clause known as off-premises coverage. If you suffer a loss of your property through a covered event, you can make a claim to be reimbursed. It’s worth noting that you won’t get the full amount for an off-premises claim, but you will receive something. It may be worthwhile to increase your coverage amount, especially if you have valuables stored elsewhere.
Loss Coverage for Storage Units and More
As a general rule, renters insurance will cover items kept in a storage unit, a car, or any place you keep them. As previously mentioned, you’ll only get a small amount to replace your items, and you will have to pay your deductible as part of the claim. The benefit of off-premises coverage is that you’ll have some coverage. Many renters aren’t aware that their auto insurance won’t replace personal belongings stolen from their car.
Contact Us To Learn More About Renters Insurance
At Northeast Insurance Advisors LLC, our agents are here to explain how renters insurance takes care of your personal property away from home. Contact us. We’re currently serving Easton, PA.
