Renter Insurance (HO-4 Policy):
Cost-Effective are readily available and provide personal property coverage and liability coverage resulting from damage arising from several causes such as weather losses (i.e. wind, hail, rain) fire, smoke, theft, vandalism and malicious mischief and falling objects.Covered property includes the following:
Personal property – The contents of your rental unit are your personal property. This includes furniture, appliances, televisions and clothing.
Loss of use – When a loss occurs and you're no longer able to live in your home, the cost of additional living expenses is covered.
Personal liability – Provides coverage for compensatory damages if you’re legally liable for someone else’s bodily injury or property damage as a result of an accident. Examples of bodily injury, property damage and medical expense coverages may include:
- Medical expenses for others’ bodily injury caused by an accident on your premises, such as slips and falls.
- Liability to others
- Liability due to unpaid volunteer services
- Damage caused by negligence of children, acts of pets and sporting activities