: About Me

Personal Finance > Home Insurance Understanding the components of a renter's insurance policy

5 of 13

You rent your home and have chosen renters insurance to protect yourself from personal liability and your personal possessions from loss or damage. You want to understand your insurance and the components of your policy. Renters insurance policies contain three components: personal property coverage, medical expense coverage and liability coverage. Personal property coverage, also known as Coverage C, covers losses to property you own or are using, regardless of its location at the time of loss. Up to $100,000 of personal property can be insured with your policy. Deductibles, from $250 to ...

More..

Writing:

• Marketplace Approved Writer
• Financial Services Professional
• Helium Charter Member