Homeowners Insurance

What does renters insurance cover

• Personal property inside the house

• dwelling

• loss of use of house/appartment

What is dwelling coverage?

• Covers you if someone sues you after getting hurt while on your property

• 1. Covers the structure of your home.

     1. Roof, walls, floors, etc.

• 1. Covers your belongings in the event they are damaged, destroyed, or stolen.

What is liability coverage?

• Covers you if someone sues you after getting hurt while on your property

• 1. Covers the structure of your home.

     1. Roof, walls, floors, etc.

• 1. Covers your belongings in the event they are damaged, destroyed, or stolen.

What is personal property coverage?

• Covers you if someone sues you after getting hurt while on your property

• 1. Covers the structure of your home.

     1. Roof, walls, floors, etc.

• 1. Covers your belongings in the event they are damaged, destroyed, or stolen.

What is loss of use coverage?

• Covers you if someone sues you after getting hurt while on your property

• Covers costs that you might incur while your house is being repaired.

• 1. Covers your belongings in the event they are damaged, destroyed, or stolen.

If your house were to catch on fire, and you needed to stay in a hotel for a long period of time, what kind of insurance would cover the hotel bill?

• personal property damage

• dwelling coverage

• loss of use coverage

What is the biggest difference between homeowners and renters insurance

• Homeowners insurance covers the dwelling while renters insurance does not

• Renters insurance covers the walls, floors, and structure of the house, while homeowners insurance does not

• renters insurance is much more expensive than homeowners insurance

3. Which college student is MOST likely to need their own renters insurance policy?

• Abigail, who lives with her parents and commutes to college
• Beatrice, who is a freshman living in a dorm and whose mom has homeowners insurance
• Carson, who is a senior living in a dorm and whose guardians have homeowners insurance
• Dani, who lives in an off-campus apartment with her cousin and a friend