Renters Insurance NJ
If You Rent an Apartment or House You Need Insurance to Protect Your Belongings.
Your landlord might have insurance, it only protects the building. Your belongings are not covered under those policies. Renters insurance also covers your responsibility to other people injured at your home or elsewhere by you, a family member, or your pet, and pays legal defense costs if you are taken to court.
With Renters Insurance, You Will Be Able ToReplace What Is Damaged or Stolen.
Renters insurance in New Jersey covers your possessions against losses from fire or smoke, lightning, vandalism, theft, explosion, windstorm, and water damage from plumbing. However, renters insurance does not cover floods, earthquakes, or routine wear and tear. You can, however, buy separate policies for flood and earthquake damage.
If You Are Forced Out of Your Home Because of a Disaster, Your Additional Living Expenses Will Be Covered.
Renters insurance pays the reasonable additional costs of temporarily living away from your home if you can’t live in it due to a fire, severe storm or other insured disaster. It covers hotel bills, temporary rentals, restaurant meals and other living expenses incurred while your home is being rebuilt. Coverage for additional living expenses differs from company to company.
Decide How Much Insurance You Need
Add up the cost of everything you would want to replace if it were damaged or stolen. This could also serve as the basis for an inventory that will make filing a claim easier. For an inventory, also record model numbers, dates, and places of purchase. Take photographs or make a video of these items and place a copy of the inventory in safe place away from your home.
If you rent an apartment or house you need insurance to protect your belongings. While your landlord might have insurance, it only protects the building. Your belongings are not covered under those policies.