Renter’s Insurance Basics for Vegas Tenants 

Renters in Nevada may not realize that a landlord’s policy usually doesn’t include coverage for personal belongings or liability. Renter’s insurance can help with expenses resulting from unforeseen events.

What Does Renter’s Insurance Cover?

A standard renter’s insurance policy may include the following:

• Personal property coverage may help pay to repair or replace your belongings, such as furniture, electronics and clothing, if they are damaged or stolen due to covered perils.
• Liability coverage can compensate for legal and medical costs if a guest is injured in your rental or you accidentally cause damage to someone else’s property
• Additional living expenses coverage may help cover the costs of temporary housing and related expenses if your rental becomes uninhabitable due to a covered loss.

How Much Does It Cost?

Insurance rates may vary based on several factors, including the amount of coverage you select, your chosen deductible and the location of your rental. Additional policy features or endorsements can increase your premium. Depending on your insurer, discounts may be available for bundling policies, installing security devices or maintaining a claims-free history.

What Are the Steps in Filing A Claim?

You may generally need to follow these steps when filing a claim:

• Document damage or loss by taking photos and making a list of affected items.
• Notify the authorities if necessary; for theft or vandalism, you may need to file a police report.
• Contact your insurance provider to report your claim.
• Provide all necessary details and documentation, such as your policy number, photos, receipts or reports.
• Work with your claims adjuster, who may request more information or inspect the damage.
• Track your claim and check for updates or next steps with your insurer.

Get Renter’s Insurance Near You

At Liberty Choice Insurance, we work closely with local tenants to find policies that meet their budgets and needs.  Contact us today to learn more about your insurance options or to get a no-obligation quote.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.