Will My Renters Insurance Cover a Hotel Room if My Apartment Is Damaged by Neighbors?

If you live in an apartment, there will be times when you experience damage due to the neglect of other tenants. Having a water leak in your apartment may cause it to be unlivable until the complex can make the necessary repairs. Amityville, NY residents can contact the agents at The Budde Agency Inc. if they want to learn how to fully protect themselves from this type of disaster. 

Loss of Use Coverage

Loss of Use coverage is not included in all renter’s policies. In some cases, you will have to ask your agent to ensure that you have this type of coverage. Basically, it will cover your hotel expenses if you lose the use of your apartment due to an unforeseen accident or disaster. The length of time this type of coverage stays in place will be determined by the policy.

Protect Yourself

When you live in an apartment, you are always going to be subjected to the acts of others. Make sure you are fully protected by your renter’s policy. Have your agent include Loss of Use coverage. At the same time, make sure you have provided them with a full inventory of all your possessions so you know needs to be replaced if an accident occurs.

Renters who live in Amityville, NY can call the agents at The Budde Agency Inc. whenever they have questions concerning their insurance coverage. They can also find out a few tips and tricks to ensure they have all of the coverage they need to protect themselves as well. Call and schedule your appointment today!