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October 19, 2020

Surprising things renters insurance covers — and some things it leaves out

  • All that fine print in your policy likely includes coverage you might not expect, which could save you money down the line.
    • By SARAH SCHLICHTER
    NerdWallet

    iStock image
    While your home is undergoing repairs due to a fire or other covered disaster, your insurance company will usually pay for you to maintain your standard of living somewhere else.

    Insurance is designed to offer peace of mind, but there's a reason your policy has all that fine print: You might not have the coverage you expect. Like any other insurance policy, renters insurance has exclusions, and knowing about them ahead of time can help you avoid unexpected bills in a disaster.


     
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