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| Central Nevada Apartment Insurance should be purchased when renting due to the numerous liabilities when renting, whether alone or another roommate. Renters insurance or tenant insurance can provide coverage for possessions against theft, fire and other damages, and even coverage for guests and roommates if an accident should occur. |
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| Why don't more renters carry Central Nevada apartment insurance against possible financial losses? Apartment owners and managers and insurance industry executives said most renters believe -- erroneously so -- that they don't need renter's insurance because the property owner is required to take care of any losses they may suffer. |
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| Central Nevada apartment insurance isn't expensive. A renters insurance policy with a $250 deductible typically costs about $250 a year for $30,000 worth of contents coverage and $300,000 in personal-liability coverage -- which protects you in case you're sued for an injury that occurs in your home. |
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| If you rent an apartment or own a condominium, you need Central Nevada 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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| Central Nevada apartment insurance policies have limits on reimbursement for expensive items. If you have computer or stereo equipment or costly jewelry, you may want to insure those separately. If you have items of great sentimental value, they obviously can't be replaced and you should put them in a safe deposit box. Make sure you discuss your expensive items with your agent when purchasing renters insurance |
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| Your Central Nevada apartment insurance should also cover personal liability. Most renters insurance policies will cover all non-auto accidents, including accidents that happen away from your apartment. Let's say that before your bike was stolen, you accidentally hit a pedestrian with it and he or she sued you. You are protected against lawsuits because you have renters insurance. Although coverages vary, $300,000 is standard coverage for personal liability. |
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| When buying Central Nevada 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. |
