You have a lot of things that are important to you –
from your clothes and furniture to your sound system, sports gear, and computer. And you want to feel confident that
everything you’ve worked for is not at risk. Let us help you find coverage options that protect you, your family,
and your personal property.
OHIO – WHAT YOU NEED TO KNOW ABOUT RENTERS
You can choose to include personal property protection in your policy, which
can travel with you wherever you are in the world.
Some policies will even pay the full
replacement cost of your things that were damaged or stolen without deduction for depreciation, up to the
limits and deductibles you select.
PROTECT YOURSELF AND YOUR GUESTS
renter’s insurance policy can protect you and your family against bodily injury, property damage claims,
and litigation up to the limits you select. And if a visitor is injured in your residence, or by you or a
household member, a policy can pay covered medical expenses, up to the limits you select.
Slowey Insurance Agency
Mentor, Ohio 44060
GET THE RIGHT AMOUNT OF COVERAGE AT THE BEST PRICE
Whether you’re starting out, between homes or downsizing, we will help you pick the
renters insurance coverage that best fits your needs. Ask about discounts for burglar alarms, and for having
multiple policies, like your renters and auto insurance both with Safeco.
Q: Why would I want to buy renters insurance?
A: If you live in an apartment or a rented house, renters insurance provides important coverage for both you and
your possessions. A standard renters policy protects your personal property in many cases of theft or damage and may
pay for temporary living expenses if your rental is damaged. It can also shield you from personal liability. Anyone
who leases a house or apartment should consider this type of coverage.
Q: How does a renters policy protect my personal property?
A: A renters policy provides named perils coverage. This means that the policy only pays when your property is
damaged or destroyed by any of the ways specifically described in the policy. These usually include:
Fire or lightning
Windstorm or hail
Vandalism or malicious mischief
Weight of ice, snow, or sleet
Accidental discharge or overflow of water or
Sudden and accidental damage from artificially
generated electrical current
Volcanic eruptions (but this doesn’t include
earthquake or tremors)
Renters coverage applies to your personal
property no matter where you are in the world. This means you’re covered when you are on vacation as well as at
Q: Why do some apartment complexes require
tenants to have renters insurance?
A: Owners of apartment complexes buy insurance policies for their liability and to cover their buildings and
personal property. However, these policies do not cover any of the tenant’s property or liability. By requiring
their tenants to have renters insurance, the apartment owner is assured that the tenants will not mistakenly believe
the apartment complex owner’s policy will provide coverage for a tenant’s property or personal liability. Although
this type of requirement benefits that apartment complex owner, there are benefits to the renter as well. We
recommend that you purchase renters insurance regardless of what your landlord requires.
Q: What if I share my apartment with a roommate? Do we both need to have renters insurance?
A: Standard renter’s policies cover only you and relatives that live with you. If your roommate is not a relative,
each of you will need your own renter’s policy to cover your own property and to provide you liability coverage for
your own actions.