Contents Insurance for Renters in Medicine Hat
All household possessions and personal items that belong to you and your family members (who live in your rental unit) can be protected under your content insurance policy. Items that your friends ask to store in your basement or storage room, however, aren’t covered by your content insurance unless you add those friends’ names to your policy.
Wait! There’s more! At Sharp Insurance, we can tailor your content insurance policy to include extra coverage for your expensive belongings (that aren’t included in your basic content coverage plan), such as electrical appliances, clothing, jewellery, sporting equipment, art collection, etc.
Tenants/Renters Liability Insurance
Being a responsible tenant doesn’t mean you can predict and avoid all kinds of accidents occurring in or around your suite. Being held liable for an accident at your suite (or anywhere in the world) that leaves other people physically injured or experiencing property damage or loss can be particularly stressful to you and your family.
A $2 Million Liability Coverage: With this coverage, you can have peace of mind knowing that we’re protecting you from financial losses that may result from damages to your unit or your building everywhere in the world.
Extra Living Expenses Coverage
Nature is very unpredictable. No amount of caution can prepare any of us for the unexpected and very sudden changes in climate that are now becoming a fact of life for many Albertans.
In June 2013, Calgary experienced one of the worst natural disasters in the history of the province. Heavy rainfall led to catastrophic flooding that brought the city to a halt, and much of the downtown and inner-city area was significantly impacted as residents were evacuated.
By the time the water receded, massive damages had been incurred, and the 2013 floods would become the second most detrimental disaster in Canadian history in terms of insured damages.
Although the 2013 flood is considered to be a “1 in 100 year” event, we continue to experience new weather patterns in every season.
Under such dire circumstances, your extra living expenses coverage kicks in and helps you cope with some of the expenses that you may incur as long as you have to live away from your home while its being repaired. These expenses may include hotel bills, daily meals, and relocating cost.