What is covered by renters insurance?
Renters insurance offers a variety of protection to the insured. The insured can purchase liability protection, which will protect the insured in case of a lawsuit concerning property damage. Medical liability covers any accidental medical costs to any guests who may have been injured in the rented space. Some insurance even cover lost property while traveling: should an airline lose an insured’s luggage, the insurance company will reimburse the insured. There are many different plans with varying premiums, and many companies allow policy add-ons that add protection to any policy.