Renters Insurance in Jerome, ID
Renters insurance can protect you financially in case of an accident or damage in your rented apartment, condominium unit or single-family home. Prescott & Craig, Inc. is here to help you find the coverage you need.
What Can a Policy Include?
While policy specifics may differ per insurer, renters insurance typically offers the following coverage:
- Additional living expenses coverage can cover meals, shelter and other necessities if you must temporarily move out of your rented home due to a covered peril.
- Personal liability coverage can cover you financially if you’re held liable for causing bodily injuries or property damage to a third party
- Medical payments coverage can help pay for a third party’s medical expenses if they are injured in your rented property.
- Personal property coverage can help pay for the repair or replacement of your electronics, clothes or furniture.
Why Do I Need It?
You may need renters insurance because your landlord’s master policy may not cover your personal belongings or liability. While this is not required in Idaho, your lender or property manager may ask for proof of a policy before you move in.
How Much Coverage Do I Need?
The coverage you need must be sufficient to cover possible damages and liabilities, without the need to pay out of your own pocket. You can ask your broker for additional coverage if you own high-value items like fine art or jewelry.
How Much Can a Policy Cost?
Your insurer can consider several factors when quoting you a rate, including your location, type of residence, coverage limits and claims history. If you think your rate is too high, you can pay your policy in full or ask for a multi-policy discount.
Get Covered Today
Contact Prescott & Craig, Inc. to learn more about your coverage options or request a personalized quote.