1. Is Everything Covered? Most of the time, your renters insurance will cover all of your personal property, including electronics, artwork, furniture and clothing. However, there are often limits on silverware, fur and jewelry and you may need to take out additional coverage if you have any of those items. Generally speaking, your computer equipment will be included, unless you work primarily from home. In that case, it will be classed as business equipment and you will need additional coverage. You also need to find out whether your items will be covered while in possession of Virginia Beach Va localmoving companies, or whether you are only covered once your belongings are in your new property. 2. What 'Perils' Are Actually Covered? In most cases, your insurance policy will cover explosions, smoke, theft, fire, and water damage in case of bursting overflows and pipes. However, accidental breakage is generally not covered. So, if your cat knocks your coffee over and spills it on your laptop, you won't be covered. The complex area is 'storm coverage'. Usually, wind damage is covered, but if water seeps through a wall or a roof during a storm, you won't be covered for that. Additionally, if you are in a below-grade or ground level apartment, you will usually not be covered for excessive rain or flood damage. So, make sure you are proactive: create a pathway for water, keep your drains clear and check any pumps are working. Consider purchasing additional flood insurance as well. 3. What Happens If Someone Is Injured in Your Property? This is an important one and one of the reasons why you should have your insurance sorted before you hire a professional moving company in Virginia Beach Va. Essentially, this element of your policy covers you for liability in your property. So, if your sink overflows and makes your floors slippery and someone from your Virginia Beach professional moving company slips on it and breaks a leg, you will be covered for their liability claim. However, you must be aware of the fact that if you sublet your apartment or otherwise rent it out, like as a bed & breakfast, you will not be covered for liability. You will need separate insurance for that. Similarly, if someone works for you in your property more than 40 hours per week, you may also need statutory disability insurance and workers compensation insurance, although this varies depending on which state you live in. Do bear in mind that liability insurance is generally quite cheap. It will only cost you about $50 to increase your existing coverage to $500,000 per year. This is really recommended if you have certain assets, as you may be sued personally as well if someone is injured on your property. 4. Are Your Roommates Covered? In most cases, you will find that renters insurance covers your immediate family members, such as your spouse, who also live in your property. However, if you have roommates, things get a little bit more complicated. Normally, only two roommates can be listed on a single policy and it is important that you only share a policy with someone who you really get along with. If something is damaged, both of you will be checked, even if one of you doesn't even live there anymore. Local movers Virginia Beach Va. often see students sharing the financial burden of renters' insurance, only to find it actually causes more problems than it solves. 5. Does It Include Coverage for Your Dog? If you have a dog and it bites someone in or out of your apartment, you may be covered to a degree by the liability coverage in your insurance. However, if you own a breed of dog that is classed as 'aggressive', like a wolf hybrid, Rottweiler or pit bull, you will usually not be covered. So, it is always advisable to check on this. 6. Am I Covered for Stuff that Is Stolen or Damaged Outside My Apartment? Southside Moving and Storage 1533 Harpers Rd Virginia Beach, Va. 23454 757-234-7080 or 800-587-7474 Proudly serving Richmond, Chesterfield, Chester, Henrico, Ashland, Hanover, Mechanicsville, New Kent, Powhaton, Hopewell, Colonial Heights, Prince George, Charles City, Petersburg, King William, Norfolk, Virginia Beach movers, Kempsville movers, Chesapeake, Suffolk, Hampton, Newport News, Williamsburg, Portsmouth, Franklin, Isle of Wight, Surry, Smithfield, Oceana, Damneck, Seaford, Little Creek, Ocean View, Toano, Gloucester, Fort Story, Fort Eustis, Langley AFB, Jamestown, Hayes, Doswell, Glen Allen, Goochland, New Kent, Princess Anne Movers, Dam Neck Movers, Oceana Movers,
Moving Companies Virginia Beach, Seven Questions To Ask Before Purchasing Renters InsuranceWritten by Marcus
Seven Questions To Ask Before Purchasing Renters Insurance There is one common mistake people make when it comes to renter insurance. That mistake is that they don't get any. However, it doesn't mean that you are doing the right thing just by signing up for the first policy you come across either. You must spend some time researching the different options that are out there, so that you can find a policy that is right for your needs. There are a few things you have to be aware of, besides knowing how much it will cost.