Will My Renter’s Insurance Cover Water Damage in My New Apartment?

As you are getting ready to move into a new apartment, it is a good idea to shop around for some good renter’s insurance that will keep you safe and allows you to have some of the protection that you desperately need as a tenant. You can hope that all things will go well and you won’t end up in an emergency, but without a good renter’s insurance policy in place, you could set yourself up for a lot of risk along the way.

There are a lot of different coverages that you will be able to get when it comes to renter’s insurance. The exact ones will depend on how much you would like to pay, whether you add on some additional riders, and more. But one question that some tenants will have when it comes to their renter’s insurance is whether it is going to step in and provide some of the necessary protection for water damage around the home.

Whether your renter’s insurance is going to cover water damage or not will depend on the policy that you have and the cause of the water damage in the first place. If the cause of the water damage is a peril that is named on the policy, then you should have some coverage to help out during this time. For example, if the damage is from a pipe bursting due to the cold, then the insurance will often cover you. But if it is from a flood in the area, you probably will not get coverage unless you pay extra for that kind of coverage.

If you are worried about the exact water damage that will be covered in your home, then it is a good idea to read through your policy and see if you are safe on this one or not. If you would like to have some more coverage for floods or other issues than what is in your policy right now, then it may be a good idea to call your insurance company and see what they can offer for you.

Have you always dreamed about living near the beach and making that your own home? Then it is time to come check out our community and see what beach living can be all about. We welcome you to come take a closer look at our apartments near Silicon Beach to see if they are the right ones for you. Your breath will be taken away by the views, not to mention all the other things we can offer to you. Contact a member of our team today to take a tour.