What Does a Typical Florida Renters Insurance Policy Cover?

Just because you aren’t ready to purchase a home, doesn’t mean that you do not need any insurance to cover you and your family, plus all of your belongings. Whether you are currently renting a tiny studio apartment or 3 bedroom house, you will need to purchase a Florida renters insurance policy in order to be completely covered against disasters.

What Is Renters Insurance?

According to https://floridainsurancequotes.net/renters-insurance-quote/, a renters policy will protect you and all of your personal belongings if disaster strikes. For example, perils such as fire, wind, and burglary damages to your rental are covered by your policy. As a tenant, remember that you own most of the stuff inside of your rental, therefore, it is crucial to have proper coverage for that. Protecting your belongings/valuables is simply your duty as a tenant.

What Else Does a Renters Insurance Policy in Florida Cover?

It’s important to understand that not all policies are the same. However, you can generally expect that a typical Florida renters insurance policy can cover:

Personal Property- Your personal property is covered by your policy. Personal property is considered as the belongings inside your home. You will be protected from any fire damages or even a burglary. The great part about Florida renters insurance is that your belongings will be covered no matter where they are stored. If a belonging is stolen from the trunk of your car, you’re covered.

Personal Liability –If you are sued due to someone getting hurt inside of your apartment or you accidentally hurt someone inside of your home, your policy can provide you with liability coverage from all legal costs. Your set limits for personal liability will vary by policy. Be sure to check what your limits are when you get a quote.

Medical Payments – Your policy will also cover your medical payments up to a certain amount if a guest inside your home is injured.

Property damage – A policy’s coverage will follow you anywhere. So for example, if you break or damage someone else’s property your policy will pay to replace it.

Additional Living Expenses – If something happens to your rental and it becomes inhabitable due to a covered incidence, then your policy will help pay for a place to stay. This coverage will cover expenses up to a certain amount.

What Disasters Are Covered by My Renters Insurance in Florida?

Disasters come in many different forms. It is important to understand which type of disasters are covered by your policy. You can mitigate out of pocket expenses caused by:

  • Fire
  • Lightning
  • Wind
  • Hail
  • Theft
  • Smoke
  • Vandalism

It’s a smart idea to financially protect yourself and your belongings with renters insurance from https://floridainsurancequotes.net/renters-insurance-quote/. A typical policy can help get you started. If you find out that you need more coverage, you can always increase your limits and get the protection you deserve.