Best Renter's Insurance Companies in Richardson

FAQs

• When is your personal belongings in a storage unit covered by renters' insurance in Richardson?

  If a covered risk causes damage, destruction, or loss to your personal property in a storage facility, your renters' insurance policy in Richardson may compensate you with the actual cost or replacement cost of your items. However, your insurance may contain sub-limits on precious things like jewelry and firearms. By "scheduling an item," or adding a rider to your policy, you may be able to protect your personal belongings in a storage facility up to their documented value.

• Is your pet's damage to someone else's personal property covered under your Richardson renters' insurance policy?

  The property damage liability coverage of renters' insurance policy in Richardson may kick in if your pet causes damage to another person's property. For example, provided the damages are within the limits of your policy, you might be reimbursed for the cost of hiring a landscaper to restore your neighbor's flowerbeds if your dog wanders into their yard and rips up their flowerbeds that were expertly placed.

• When does food loss not qualify for coverage under Richardson renters' insurance?

  In the following situations, Richardson renters' insurance will not pay for food loss:

  • Pests are to blame for the food loss.
  • A natural disaster, like a flood or earthquake, is the reason for the food loss.
  • The electricity company turned off your power because you failed to pay your bill.
  • Everything inside your freezer spoils since you unintentionally left the door open all night.
  • The refrigerator is old and eventually quits functioning due to typical wear and tear.

• Is it possible to add extra TV damage coverage to your renters' insurance in Richardson?

  Yes. A number of Richardson renters' insurance companies provide endorsements or add-ons that may help pay for the replacement of a damaged TV for other reasons. A type of add-on that can assist in protecting your TV and any larger appliances you may have, such as a washer and dryer, is called equipment breakdown coverage.

• When is extended hotel stay excluded from renters' insurance in Richardson?

  Your Richardson renters' insurance will not pay for your hotel stays if an unintentional disaster, like an earthquake or flood, renders your rental uninhabitable, unless you have extra coverage for these types of situations. If you are the one who damaged your rental, you might not be compensated. Because you caused the damage, you will be responsible for paying for any temporary accommodations yourself.