Tenant insurance provides four main types of protection:
1. Personal Liability Coverage provides coverage for costs associated with damage to the property of others (including your building) that tenants are found legally responsible for or injuries others incur as an accidental result of tenants’ actions (or those of their families).
2. Personal Property Coverage (also know as contents coverage) helps cover costs to replace or repair tenants personal belongings if they’re stolen or damaged/destroyed by a covered loss (such as a fire).
3. Additional Living Expense Coverage helps cover expenses, such as hotel room bills and meals, that tenants may face if their apartment is uninhabitable because it’s being repaired as part of an insurance claim and they have to temporarily live somewhere else.
4. Sewer Back Up Coverage helps cover costs to repair damages made by the sudden and accidental backing up or escape of water or sewage within the building or its units through sewage pipes on the premises.