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| With Arizona apartment insurance, you can replace what's damaged or stolen. Renters insurance covers your possessions against losses from fire or smoke, lightning, vandalism, theft, explosion, windstorm, and water damage from plumbing. Renters insurance also covers your responsibility to other people injured at your home or elsewhere by you, a family member or your pet, and pays legal defense costs if you are taken to court. |
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| If you rent an apartment or own a condominium, you need Arizona apartment insurance to protect your belongings. While your landlord or condo association might have insurance, it only protects the building. Your belongings are not covered under those policies. A renters insurance policy will protect your belongings |
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| Your landlord's Arizona apartment insurance doesn't cover your personal property. Things like your clothes, stereo, furniture, television, bicycle, jewelry, personal computer, artwork and other items are not covered against destruction or loss by your landlord's insurance. It is important to purchase a renters insurance policy when renting. |
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| When buying Arizona apartment insurance, let your agent know about any particularly valuable items you have. Jewelry, antiques, and electronics might be covered up to a certain amount. If you have some items that are unusually expensive, such as a diamond ring, you'll probably want to purchase a separate rider. If you don't talk to your agent about an expensive item when you buy the renters insurance policy, you probably won't be able to recover the loss. |
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| Arizona apartment insurance is fairly inexpensive. The average renters insurance policy is a little over $30 a month. How much are all your possessions worth? What if you had to replace them all? |
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| Arizona apartment insurance policies have additional benefits. For example, a waterbed liability provision is standard in most renters and condo owners policies. If your waterbed bursts and the water ends up in the apartment below yours, your renters insurance would cover the damage. |
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| Although landlords have to have Arizona apartment insurance they do not cover you except in certain instances. For the most part they cover the landlords loss, such as if the building burns down, but doesn’t include the contents within. That is up to you. It is important for you to get a renters insurance policy to cover your contents and any liability you may incur |
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