Renter's insurance covers many things and everyone should have it, but flood damage is difficult to cover. He says many service members who live on base assume they are automatically insured when they are not. You can claim you lost something due to theft or a natural disaster, but the insurance company may not pay your claim if you can't prove the existence and value of the item. While there are organisations to which you can donate money, food and clothing, there is also something you can do to help yourself if you live in any southern state (or any state, for that matter) and that is to take out renter's insurance.
Renter's insurance is relatively inexpensive and can help replace your valuables if they are lost in a storm or through theft. If water falls from the sky during a hurricane and causes damage, your renter's insurance will most likely cover it. If the water damage is due to flooding caused by the hurricane, it will most likely be excluded from standard renters insurance. Many renters insurance policies include coverage for wind damage, so tornado policies do not have to be purchased separately, as is the case for other types of catastrophes.
You may be surprised to learn that some renters insurance policies cover your valuables when they are not in your home, or if they are in off-site storage. The best thing about renters' insurance is that, in most cases, it is very inexpensive, especially when compared to homeowners' insurance. You may be able to add earthquake coverage for renters as a rider to your policy if you live in an affected area, or you may have to purchase a separate catastrophe insurance policy. You can combine renters insurance with life insurance or car insurance through companies such as Allstate.
Also note that hurricane-protected renters may receive help if their home's structure is the first to suffer storm damage and water enters as a result, but water damage from flooding alone may not be covered. These agents can help you find a variety of quotes from different insurance companies, ensuring that the renters policy you purchase offers the best coverage at the most affordable rates. Renters insurance is one of the least expensive policies, so buying a policy can seem like a great deal.