Tenant insurance provides three main types of protection:
1. Personal Property Coverage (also know as contents coverage) helps cover costs to replace or repair your personal belongings if they’re stolen or damaged/destroyed by a covered loss (such as a fire). You may think your stuff isn’t worth much, but replacing it all adds up and can be very expensive!
2. Personal Liability Coverage protects you from having to cover costs if you are found legally responsible for damage to the property of others (including the building you live in) or injuries others incur as an accidental result of your actions (or those of your family).
3. Additional Living Expense Coverage helps cover expenses, such as hotel room bills and meals, that your family may face if your apartment is uninhabitable because it’s being repaired as part of an insurance claim and you 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.