It always helps to have a backup plan in case something unfortunate happens, which is why it is a proactive move to get an insurance policy when acquiring properties, such as a vehicle or a house. When it comes to renting an apartment or a living space, a renter can opt to apply for renters insurance. This helps protect the renter, their belongings, and their living arrangements from unforeseen circumstances, such as a burglary. Rates for renters insurance may vary depending on the selected coverage and the insurance company.
Water damage is another problem that a renter needs protection from. Does basic renters insurance cover water damage, and if so, at what scope? ServiceMaster by LoveJoy discusses this policy in this article.
Basic Renters Insurance Coverage
Renters or tenant insurance is designed to cover the following:
- Personal Property Coverage - this covers personal belongings such as jewelry, clothing, furniture, and other household items. Boats and other recreational items may need a separate policy. Always check the provisions of your policy when the loss or damage occurred while traveling or away from the home.
- Personal Liability Coverage - this covers for damages caused to another person (e.g. an injury due to an incident that happens inside the rented property) or to that person's property.
- Additional Living Expenses - this covers the cost of temporary living arrangements when the rented property becomes uninhabitable after a loss incident. This depends on the insurance company and the provisions of the policy applied for.
Is Water Damage Covered by Renter's Insurance?
A standard renters insurance policy may provide coverage for personal property losses caused by the following incidents:
- Accidental or sudden discharge of water from a plumbing system or other appliance
- Explosions
- Fire and/or lightning
- Fire sprinkler failure/accidental discharge
- Freezing of plumbing systems
- Smoke
- Weight of sleet, snow and/or ice
- Windstorm or hail
Again, it is important to note that the list above may vary depending on the type of the policy purchased and the insurance company, so check your policy thoroughly. When damage occurs, such as flooding from a broken pipe, most cases hold the landlord responsible for the repair of the broken pipes and any resulting structural damage. Any damaged personal property will have to be replaced by you. If this happens, immediately call your property manager and your insurance agent to ensure that your personal property is covered.
Water Damage Restoration and Cleanup?
Trust ServiceMaster by LoveJoy, Georgia’s Best Water Damage Restoration Service Provider
When water damage strikes, entrust the restoration of your building materials, furniture, and personal items to the specialists at ServiceMaster by LoveJoy. We deliver safe, effective, and efficient property restoration services for residential and commercial properties, as well as the insurance market. Our range of water damage restoration services include water extraction and removal, structural drying and dehumidification, cleaning and sanitizing, restoration and repairs, sewage cleanup, and more. We utilize the latest technologies, practices, and procedures to perform a comprehensive service to any size project. ServiceMaster by LoveJoy is an IICRC-certified firm and a Preferred Vendor for some of the top insurance carriers in Georgia, promising to assist policyholders during their time of need.
Contact us at (678) 293-0297 for Conyers customers or (770) 983-6665 for Roswell customers. We are on-call 24 hours a day, 7 days a week, 365 days a year to respond to your emergency needs.
We service clients in Atlanta, Roswell, Sandy Springs, Marietta, Decatur, Stockbridge, Conyers, McDonough, Stone Mountain, Covington, Social Circle, Dekalb County, Fulton County, Georgia and surrounding areas.
