Renters Insurance in Champaign, IL

If you rent a house or apartment, don’t expect your landlord to cover your losses in case of fire, theft or other disasters. While your landlord’s insurance covers the building, it won’t replace your personal belongings or cover your living expenses during repairs. To safeguard yourself financially, you need to purchase renters insurance.

What Does Renters Insurance Cover?

Renters insurance may provide financial assistance following various events, including the following:

• Fire

• Burglary

• Lightning

• Explosion

• Smoke

• Windstorm

• Theft

• Vandalism

• Sudden/accidental water damage

Standard renters insurance policies carry three main types of coverage:

• Personal property protection may cover your belongings if they’re damaged by covered events. This includes books, small appliances, electronics, clothes and furniture.

• Liability coverage may provide financial aid if you are responsible for third-party injuries or property damage. It may also help with legal defense costs and judgments in a lawsuit.

• Loss-of-use coverage may help pay for hotel accommodation and restaurant meals if a covered incident makes your rental temporarily uninhabitable.

How Do I File a Claim?

You can file a claim with your insurance company if you experience a covered incident. Here are the steps to filing a claim:

• If the incident is a crime, such as burglary, theft or vandalism, report it to the police and obtain a police report.

• Contact your insurance agent immediately to ask about the time limit for filing a claim, your coverage details, whether your claim exceeds your deductible and the claims processing time.

• Prepare a list of lost or damaged items and keep them until a claims adjuster visits. Take photos or videos of the damage and provide receipts.

• If you must relocate due to severe damage, keep expense receipts such as hotel bills.

• After notifying your insurer, they will send you claim forms you must complete properly. To speed up your claim, send those forms back as soon as possible.

Learn More About Renters Insurance

Prairieland Insurance Group serves customers across Champagne, Illinois, and can help assess your insurance needs. Contact us today to get your renters insurance quote.