Who can buy tenant insurance?
Tenant insurance is for those who rent their living quarters, for instance, apartment, single family home or multi-family residence – duplex, triplex or quad etc.). Are there personal property (contents) limitations that you should know about? Yes. The following is a list of some, but not all, of those items that typically have specific dollar limitation: money, securities, watercraft, trailers, jewelry, silverware, gold-ware, pewter-ware, and business property. Be sure to talk to your agent about items with specific limitations. Is there other coverage that can be purchased with the renter’s policy? Yes. The following is a list of some, but not all, of the typical endorsements available: • Full value contents coverage (also called replacement cost coverage). • Scheduled personal property (to insure jewelry, furs, cameras, musical instruments, silverware, guns, fine art, postage stamps, coin collection, and some sporting goods). • Increased limits for business property. • Business merc