A renters’ insurance policy can include the following:

• Personal property coverage: This will help pay for the cost of replacing damaged or lost goods.
• Liability coverage: This will help to cover legal defense costs and medical bills for a visitor.
• Additional living expense (ALE) coverage: If the rental property is too messed up to live in while it’s being repaired, some policies will pay for a hotel and other living expenses

With some insurance providers, you can save 10 percent or more on your auto policy by placing a renter’s policy with the auto carrier. Often, this savings is equal to or greater than the cost of the renter’s policy.

Contact us for more information.