What Is Renters Insurance Used For?

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Nevada Insurance Enrollment Explains What Renters Insurance Covers

LAS VEGAS - eTradeWire -- Renters insurance coverage can help protect you and your belongings in the event of a covered loss/claim. There are a variety of risks and events covered by renters insurance, including:

• The cost to repair or replace your belongings, including your furniture, clothing, and electronics up to your policy limits
• Liability coverage if you accidentally damage someone else's property or if someone gets hurt by you/your family members that reside in your home
• Additional living expenses if your home becomes uninhabitable, including hotel bills and additional food expenses

Why You Should Have Renters Insurance

Renters insurance is typically very affordable – sometimes as low as $20 per month – but it can save you from financial devastation in the event of a covered loss/claim, like a fire and other reasons. In some cases, landlords and property managers require that their tenants carry this coverage. However, even when it's not required, its affordability makes carrying this coverage a no-brainer.

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Get the Right Coverage

To make sure that you have the right level of coverage while ensuring that you're not over-insured, it's important to consider what it would cost to replace all of your belongings. The average policy covers around $25,000 for personal property and $100,000 for liability. But you can ask for more or less. These policies can be uniquely adjusted to your needs. You may need more coverage or less, depending on personal factors like the value of your belongings and your exposure to risk.

Read the full article: https://www.nevadainsuranceenrollment.com/renters-insurance-explained/

Learn more: https://www.nevadainsuranceenrollment.com/auto-insurance-las-vegas-nevada/

Nevada Insurance Enrollment
4260 W. Craig Road suite #150-A
North Las Vegas, NV
89032 (702) 898-0554
Website: NevadaInsuranceEnrollment.com

Nevada Insurance Enrollment
Shelly Rogers

Source: Nevada Insurance Enrollment

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