This puts a cap on the amount a rental client pays if something goes wrong with the equipment. Typically, it’s a blanket plan that covers damage from accidents, loss from theft and sometimes the profit lost during downtime. The plan is also called rental equipment protection....
Self-insurance Under some rental contracts, the renters can provide their own insurance and name the rental agency as the payee for a specified amount on equipment. While this can be thought of as an exemption, it is simply a type of business umbrella policy that extends to leased or rented...
Your personal possessions include things like clothes, bedding, sports and hobby equipment, small appliances that didn't come with the rental property, and anything else you own that's stored in the unit. Liability coverage that comes with a renters insurance policy will pay for legal fees and...
This piece of equipment is typically used to push or remove various things on a construction site. This includes debris, soil, and sand. Also, a ripper can be attached to a bulldozer, which can then be used to break up rock, concrete, and pavement. The ripper is found on the rear of...
Who's this for:Renters 55 and older can get up to 25% off theirAllstaterental insurance premiums, making it the obvious choice for seniors. Standout benefits:Bundling renters insurance with an Allstate auto policy can lower your premiums to as little as $4 per month. ...
There are a number of optional endorsements available as well, such as assisted living care coverage, green rebuilding, equipment protection advantage, and several more. Keep in mind that these benefits differ depending on the state you live in. Thankfully, you can go online and see what benefi...
We evaluated a total of 12 rental insurance providers for this review, comparing them based on pricing, customer service, coverage options and limitations, and the ease of filing a claim. The companies included here represent the best combination of cost, ease of use, coverage, and customer sup...
Renters insurance can cost from $15 to $30 per month, depending on how many items you own and the size of the rental unit. What Is Not Covered by Renters Insurance? Typically, renters insurance does not cover damage caused by floods, earthquakes, and landslides. ...
Building alterations:If you’ve added or upgraded your rental, your insurance will likely cover any damage. While these are often included in renters insurance, there can be a lot of variation between policies. Please ask about what’s included in your policy to make sure you understand what’...
Other structure coverage:May help pay for other structures on your rental property, such as a garage, fence or deck. Personal property:This includes any equipment or machinery left on the property, from a snowblower to a stove and oven. It does not cover the renter's personal property. ...