Think of all the possessions in your apartment. TV, stereo, furniture, clothing, and other items. Without insurance, if you were to have those possessions damaged or taken, would you be able to replace them? With renters insurance, you would pay your deductible and have these items replaced. Most think “it won’t happen to me,” but spending a small amount a month allows you to replace your possessions rather pay for all these items without the help of the insurance company.

No. Landlord insurance only covers the exterior or structural damage to the building. If the entire building were damaged, the landlord’s insurance would cover the building, but none of your possessions. Simply stated, when you lease an apartment, landlord property coverage includes what you would see in an empty apartment. Your renters insurance protects the items you bring into your apartment.

A deductible is an amount you will have to pay out of your own pocket before your renters insurance applies. For example, if you have a $500 deductible and fire damages your apartment furniture in the amount of $2,000, the insurance company would pay $1,500 ($2,000 less your $500 deductible).

Theft, burglary, or robbery claims should always be immediately reported to the police. Some policies provide coverage for stolen property only if there has been a forcible entry into a locked home or apartment. Prior to purchase, you should contact your agent at CoverageHut to discuss individual situations.

Renters insurance policies will generally cover this type of property. However, each policy typically provides a limit for how much they will cover. Policies may apply limits if burglary or theft causes the loss.

Renters insurance usually provides an extension of coverage for property away from your primary residence location. Check your policy for specific coverage and limits.

Probably not, unless that person is a named insured or a relative. If you have a roommate, check with your agent at CoverageHut about coverage for him or her.

In most cases, you can simply provide your new address and some information about the construction of the building at your new location if you move within the state in which you are currently insured. Prior to your move, contact your agent at Coveragehut to make sure coverage is moved to another address, especially with an out of state move.

Several factors. The number of units in your building, exterior construction, age of the building, location to the nearest water source can all be taken into consideration. Other factors may include amounts of insurance on your contents, claims history, and your consumer credit rating.

Yes. If your dog isn’t on the restricted dog lists published by your apartment owner or on your insurance policy, the liability portion of your policy will cover the injury to the other party up to the specified amount.

Yes. The liability portion of the policy would pay up to the amount listed on the policy.