4848 Normal Blvd, Lincoln, NE 68506
With renters insurance, you will be able to replace what is damaged or stolen.
Renters insurance covers your belongings from losses like fire or smoke, vandalism, theft, lightening, explosion, windstorm, and water damage from plumbing. Renters insurance does not cover floods, earthquakes or routine wear and tear. There are separate policies for flood and earthquake damage.
If you are forced out of your home because of a disaster your additional living expenses will be covered.
Renters insurance also pays for temporarily living expenses away from your home if you can't live in it due to a fire, severe storm or other insured disaster. It covers the reasonable costs of hotel bills, temporary rentals, restaurant meals and other living expenses incurred while your home is being rebuilt.
Renters insurance may pay for damage you cause to others.
Renters insurance also covers damages you may be obligated to pay to other people injured at your home or elsewhere by you, a family member or your pet and pays legal defense costs if you are taken to court.
Decide How Much Insurance You Need.
Add up the cost of everything you would want to replace if it were damaged or stolen. This could also serve as the basis for an inventory that will make filing a claim easier. For an inventory, also record model numbers, dates and places of purchase. Take photographs or make a video of these items and place a copy of the inventory in safe place away form your home.
If you rent an apartment or house you need insurance to protect your belongings. While your landlord might have insurance, it only protects the building. Your belongings are not covered under those policies.
When you own a condominium, you are responsible for what's inside your condo. Condo associations have master policies that cover the property, common areas and physical structure of your building. These master policies do not cover your property or your legal liability to others, and they do not cover improvements or customizations to your unit.
An affordable condominium policy is the first step in protecting yourself and your assets. When you own a condo, you’re in a unique situation. Not only are you responsible for personal insurance coverage, but also common coverage needs. As a group, condo owners are responsible for building upkeep, liabilities and additional assessment fees.
A basic condo insurance policy will cover damages to most of your personal belongings, as well as walls, floors, ceiling coverings from covered loses. Covered loses include fire or smoke, vandalism, theft, lightening, explosion, windstorm, and water damage from plumbing. The condo policy also includes liability coverage in case you are legally obligated to pay damages for someone else’s bodily injury or property damage.