Renters insurance can offer protection if your belongings are stolen, vandalized or destroyed, but you must first file a claim for your loss or damages.
It is a good idea to inventory your belongings before purchasing renters insurance so that your policy will provide adequate protection. This list will also help if you have a covered incident and need to file a claim.
Your renters insurance company will need you to provide information to begin the claims process. This information may include documentation of the value and description of your property—which reiterates the importance of a personal inventory—or a police statement detailing the incident. If your claim is approved, your insurer will make a payment to you. Sometimes, you’ll have to hit your deductible on your claim before your insurer pays the rest. Some insurers may also enforce maximum amounts on how much they’ll pay for specific claims.
We can help you understand the claims process to ensure that everything moves along smoothly if you have to file a claim.