Living in Glen Allen, VA, is delightful, but renters should ensure they are adequately covered. At Everett Insurance, we strive to offer our clients the right coverage tailored to their needs. In the following discourse, we outline a few unique amendments a renter can make to their renters’ insurance policy to optimize coverage. Rest assured, our role at Everett Insurance is to provide you with the option to select the best insurance in Glen Allen, VA.

Identity Theft Protection

One underutilized policy enhancement homeowners can incorporate into renters’ insurance is identity theft protection. This clause helps protect your assets in the event of identity theft. It’s important to understand that these policies have their own limits, but they are successful in delivering a layer of defense.

Endorsements/Riders

Endorsements refer to additional coverage inclusions policyholders can append to their plans. Riders are specifically purposed to cover damages to items such as electronics, jewelry, and more. Often, these items surpass the standard policy limit and wouldn’t typically be covered. Therefore, supplementing your policy with rider insurance can safeguard your high-value items.

Pet Liability Insurance

While standard renters’ insurance may cover injuries caused by your pet to you or others, it does not cover damages to the home. Additional insurance coverage may be beneficial if you own a young, aggressive, or anxious pet. This could cover pet-related damage instances and legal fees warranted by possible damage to your or your neighbor’s property.

Loss of Use Coverage

Are you aware that not all plans will cover you if your rental property becomes uninhabitable? In most cases, your landlord would be responsible for accommodation. However, there are instances where they might be unable to finance these expenses immediately. Loss-of-use coverage provides a safety net for renters to be reimbursed if their home is rendered uninhabitable due to factors like fires or water damage.

Ordinance/Law Coverage

Rental units may also require adjustments or repairs to comply with HOAs or ordinance laws. Although it’s not guaranteed that all renters’ insurance will cover extra costs acquired when renters adhere to these standards, acquiring this kind of coverage can help reduce potential expenses incurred to meet standards.