Best Renter's Insurance Companies in Clearwater

FAQs

• If your neighbor leaves his or her faucet running and it floods your rental property, will your renters' insurance policy in Clearwater cover the water damage?

  Yes. Your renters' insurance coverage in Clearwater will pay for the price of replacing or repairing any damaged goods if your neighbor leaves their faucet running, causing water to leak into your rental property. Your renters' insurance may also cover the expense of living somewhere else while your apartment or rental home is being repaired if the water damage prevents you from living in your home.

• Is medical coverage for injured guests covered by renters' insurance in Clearwater?

  Yes. Your renters' insurance policy in Clearwater will pay for the medical expenses to treat injuries suffered by visitors. Your policy's medical payments coverage will kick in if the harm is minimal. However, your personal liability insurance will defend you in the event that a visitor files a lawsuit. On the other hand, if your guest sues you, your personal liability insurance will protect you.

• In the event of a covered loss, how much money will you receive if your Clearwater renters' insurance policy includes actual cash value coverage?

  Your renters' insurance policy in Clearwater will factor depreciation into the amount it would payout following a covered loss if you have actual cash value coverage. For example, if you paid $700 for your laptop and it was destroyed by a covered loss, your renters' insurance coverage will not cover that exact amount due to depreciation.

• Is food loss covered by Clearwater renters' insurance?

  Yes. In Clearwater, most renters' insurance policies include personal property coverage for food loss or spoiling. Your renters' insurance coverage will cover food loss if a hurricane knocks out the electricity, causing the food in your refrigerator to spoil. Similarly, your renters' insurance will cover any food that spoils within the refrigerator in the event that a lightning strike triggers a power outage and shuts down the refrigerator.

• Are jewels covered by Clearwater renters' insurance policies?

  Yes. Jewelry loss or damage resulting from named risks is covered by standard renters' insurance plans in Clearwater. However, the policy's limit will determine the extent of coverage. Scheduled personal property coverage is an optional add-on that most insurance companies offer for higher coverage limits for valuable goods like jewels.