If you live in a rental, it is just as important that you have insurance to protect your possessions as if you are a homeowner. At Smith Insurance Agency of West Virginia in Kingwood, WV, we are an independent insurance agency, and we offer our customers the most choices and the best rates available. You may think you have complete rental insurance coverage, but you would be wrong.

Rental insurance provides some basic coverage: content coverage, liability coverage, and loss of use coverage. All of these are very important and do provide good coverage, but perhaps not complete coverage.

Flood Insurance

Renters insurance, like home insurance, does not cover damage due to flooding. If you live in an area prone to flooding, you need to purchase additional flood coverage to be protected. You can buy flood insurance for content only.

Excess Amounts of Electronics or Jewelry

The basic renter’s policy has a minimal amount of content coverage for jewelry and electronics. If you have some valuable pieces of either, you need to add a rider to your policy to protect the jewelry and electronics. You should get an appraisal of your jewelry so there will be no questions if you need to make a claim on your policy. Also, having sales slips for electronics helps.

Umbrella Coverage

Umbrella coverage is excess liability that takes over when you reach the limit of your original policy. It will cover both your rental and auto policy; if you are sued, it will help pay the judgment and the legal fees as well. It is an extra layer of protection that most people can benefit from.

Contact our Smith Insurance Agency of West Virginia office in Kingwood, WV to discuss your insurance needs.