What Your Renter’s Insurance Won’t Cover

Here are some of the things not covered by renter’s insurance.renters reviewing their insurance policy

While you know that your renter’s insurance offers personal property, personal liability, and loss of use coverage, it’s important to understand that there are limits to this coverage.  All renter’s policies will exclude coverage for certain damage events.  To ensure a policy exclusion doesn’t catch you by surprise, here are some of the things your renter’s insurance won’t cover.

  • Damage Caused by Certain Natural Disasters

While renter’s insurance offers protection against most natural disasters, there are certain extreme events that are excluded from coverage.  For instance, standard policies will provide coverage for damages related to hail, lightning, wind, and volcanic eruption.  However, some policies may exclude coverage for damage related to tornadoes and hurricanes.  Almost all renter’s policies will exclude coverage for earthquake or flood damages.  To ensure that you have the comprehensive coverage that you need, you should carefully review your policy to learn about your exclusions.  If you need to fill gaps in your coverage, then you have the option to secure policy endorsements or separate insurance policies to secure additional protection.

  • Terrorism and Nuclear Warfare

Since 9/11, most renter’s insurance policies specifically exclude coverage related to acts of war.  This type of exclusion is also common on homeowner’s insurance policies.  If you are concerned about the damage caused by acts of terrorism or war, then you should speak to your insurance provider to learn about your supplemental coverage options.

  • Pest Infestations

While your renter’s insurance is designed to protect your belongings, your policy will not cover damages related to pest infestations.  This is because insect and rodent infestations are considered a standard maintenance issue that falls under the responsibility of the renter or the property’s landlord, not their insurance provider.

These are some of the things that your renter’s insurance will not cover.  Do you have additional questions about your renter’s coverage?  If so, then contact the experts at VGW Walker Insurance in Texas.  We are ready to assist you with all your coverage needs today.