Contents Insurance for Renters
Necessary Protection for Your Personal Assets
Anyone can benefit from buying contents coverage with their renters insurance. It’s there to protect your personal assets contained in the rental. Without a doubt, you will want to protect these belongings.
BluCanopy is proud to offer true, full renters insurance for all qualifying parties.
What Is Contents Coverage Insurance?
A landlord might require you to buy renters insurance because it will protect the risks you pose them by occupying their property. However, what about your own belongings? Don’t they need coverage, too?
Your BluCanopy renters insurance offers adaptable, customizable contents insurance options for any and all of your cherished personal items. Choose us, and you can rest assured that your belongings will have protection if hazards like fires or break-in occur in your apartment.
Should I Get Contents Insurance?
You absolutely will benefit from the help offered by contents coverage.
Personal belongings cost you money and time to buy and maintain. Some are even irreplaceable. With BluCanopy contents insurance, you won’t have to worry about high costs as you try to repair or replace items. Coverage can usually apply to any number of personal assets, including:
- Clothing
- Furniture
- Electronics and computers
- Common household items, like cooking utensils
- Food spoilage
- Mementos of various types
Expensive items, such as art or jewelry, might also have coverage. If necessary, we can help you add high-value items endorsements to your policy to tailor specific coverage to these items.
What Does Contents Coverage Include?
BluCanopy contents coverage insures items damaged by such incidents as:
- Fires & smoke damage
- Storm damage (lightning & hail included)
- Theft & vandalism
- Damage caused by vehicles
- Rioting
- Burst pipes
If you need specialty insurance, like renter’s flood coverage, we can make sure you get it.
How To Calculate Contents Coverage
The best way to get a good idea of how much contents insurance you need is to take an inventory of your most-valuable belongings. We can help you gather documentation to determine the right coverage value. Policies will include deductibles, so we will also help you choose deductible limits that will always make it possible to afford your claims.
Frequently Asked Questions
1How much contents coverage do I need?
You need enough coverage to insure the full value of the possessions within your home. You don’t necessarily need coverage for every item; however, we recommend you buy at least as much as necessary to replace your most-important belongings.
To get the most coverage for your possessions, you will want a replacement cost value (RCV) possessions policy. Replacement cost value policies will provide you with enough money to replace damaged items with one of equal or lesser value. Depreciation won’t apply.
2Do landlords pay for contents insurance?
A landlord’s insurance policies likely will not cover your personal possessions unless the landlord causes the damage. In these cases, they might carry liability insurance to compensate you for your losses. However, most other types of possessions losses fall under your contents insurance.
3When is flood contents coverage required?
If a burst pipe or other internal flood event damages your possessions, then your contents insurance might pay for the subsequent water damage.
However, one weather hazard not covered by your standard contents policy is flooding. To get covered for weather-related floods, such as storm surge or flash flooding, you will need renters flood insurance. We are happy to help you get covered, as some renters must, by law, carry coverage.
4What is commercial contents coverage?
If you run a home-based business, your renters policy can provide a limited degree of coverage for business assets stored in the home. However, if you operate your business from the home, you will likely need more-specific commercial contents insurance for these items.
5Which states do you serve?
- Alabama
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- District of Columbia
- Georgia
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Maine
- Maryland
- Minnesota
- Mississippi
- Nevada
- Nebraska
- New Hampshire
- New Mexico
- New York
- North Carolina
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- Tennessee
- Texas
- Vermont
- Virginia
- Washington
- West Virginia
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