Do Renters Insurance Policies Cover Fire Damage?
Is Fire Damage Covered By Renters Insurance?
Renters insurance can cover damage to a tenant's property after a fire at an apartment or rental house in South Pottstown, PA. Structural damage should be covered by the property owner's insurance policy. Find out more about what rental policies do and do not cover, and how to file a claim.
What Is Covered
A renters policy provides coverage for the contents of an apartment or rental home. This includes items such as:
- Personal effects
Renters should select policies that cover replacement costs rather than actual cash value. This policy may also include limited amounts of loss of use and liability coverage. The latter can be helpful in the event that a third party sustains an injury on or near the property due to the fire.
What Is Not Covered
Renters insurance does not cover structural damage. The owner or landlord will need to file a separate property insurance claim for:
- Building materials
- Included contents
- Fire restoration
The process of filing a claim calls for documenting damage, a visit from an adjuster, and filing proof of loss. It is the owner's responsibility to clean up fire damage or hire a mitigation and restoration service.
Filing a Claim
A tenant should contact their insurance provider as soon as possible after a fire. The policyholder can also take several measures to support their claim, including:
- Documenting damage
- Gathering receipts
- Listing damaged contents
A renter may want to contact a restoration company to determine whether certain items can be cleaned or repaired rather than replaced. The policyholder can obtain an estimate and submit this information to the insurer.
It is important to know precisely what a renters insurance policy covers. A tenant should assess the terms of a policy before he or she needs to file a fire damage claim for the contents of an apartment or house in South Pottstown, PA.