Your renters insurance policy will specify what named perils you are protected against.
Some of these perils are:
- Windstorm or Hail
- Fire & Smoke
- Vandalism & Malicious Mischief
- Theft (including attempted theft)
- Falling Objects
- Sudden and accidental electrical current discharge
- Accidental discharge of water
Liability features may include:
- Personal liability for you, your spouse, relatives living with you and persons under 21 in your care
- Protection against claims you’re legally obligated to pay
- Payment of the cost of defending claims against you
- Pet Liability
- Medical expenses of others
- Accidental death benefits
- Ask your Lott & Gaylor agent about these coverages to see if they are available or right for you.
A personal umbrella is a policy that primarily affords an additional layer of protection over your primary auto, boat and home, condo or renters insurance. The umbrella is typically sold in increments of one million dollars and the availability may be dependent upon the limit of underlying coverage.
In practice a true umbrella can actually become the primary source of coverage when there is no coverage on the underlying policy. These may include, but are not limited to:
- False Arrest
- Invasion of Privacy