Call Us (504) 556-0809 ☰ ˟
Logo
Español
New Orleans: (504) 556-0809 River Parish: (985) 331-9077 Text River Parish: (985) 722-8447
  • Home
  • Coverage
    • Automobile
    • BOP (Business Owners Policy)
    • Builders Risk
    • Business & Commercial
    • Commercial Auto
    • Commercial Property
    • Contractors
    • Cyber Liability
    • Dental
    • Flood
    • General Liability
    • Health
    • Homeowners
    • Hurricane
    • Life
    • Motorcycle
    • Recreational Vehicle
    • Renters
    • Watercraft & Boat
    • Windstorm
    • Workers Compensation
  • Get A Quote
    • Automobile
    • Business
    • Commercial Property
    • Flood
    • Health
    • Homeowners
    • Hurricane
    • Life
    • Recreational Vehicle
    • Renters
    • Windstorm
  • Customer Service
  • Blog
  • Make A Payment
  • Resources
    • Refer a Friend
    • Important Links
    • Insurance Glossary
    • Homeowners Insurance in Louisiana: How to Save on Soaring Costs
  • About Us
    • About Dave Millet Insurance Agency
    • Our LocationsImage of right arrow
      • Metairie, LA
    • Employee Directory
    • Partners
    • Customer Testimonials
    • Privacy Policy
  • Contact

Auto

We browse through a wide variety of coverages and find the right one for you.

Learn More

Home

We browse through a wide variety of coverages and find the right one for you.

Learn More

Business

We browse through a wide variety of coverages and find the right one for you.

Learn More

Contractors

We browse through a wide variety of coverages and find the right one for you.

Learn More

Life

We browse through a wide variety of coverages and find the right one for you.

Learn More

Health

We browse through a wide variety of coverages and find the right one for you.

Learn More
Home > Blog > Increasing Your Personal Possessions Coverage in Your Rental
WEDNESDAY, OCTOBER 2, 2024

Increasing Your Personal Possessions Coverage in Your Rental

Renting a home means you live in someone else’s property. You do not own the home itself, nor a lot of the home’s features. However, you will own many of the possessions in the home. You bought them, paid for them and moved in with them, after all.

Personal possessions are important in your life. Renters insurance will likely take them into account. Still, the value of your personal possessions will change over time. This will likely mean that you need to revisit your renters insurance periodically.

How Renters Insurance Covers Possessions white and red wooden house miniature on brown table

Often, renters insurance is an affordable way to protect your belongings in a rental. Among its features is often the option for personal possessions coverage.

Under this protection, you declare an approximate value of the belongings in the home. Should a covered hazard cause damage, your policy will then cover some or all of your property losses. Insurable property might include:

  • Clothing
  • Appliances
  • Certain electronics
  • Certain art and jewelry
  • Food
  • Furniture

And more.

To determine your personal property value, you’ll need to create an appraisal. To do this, you might need to collect receipts, take photos or hire a professional appraiser. You often have a lot of leeway to add or leave items off your property declaration.

Keep in mind that possessions coverage has limits. For example, it may not cover items of excessive value, like antiques or jewelry. You might be able to add a rider to your policy or buy extra insurance for these unique items. Always talk to your insurance agent about the best way to appraise your belongings.

When to Change Your Possessions Coverage Limits

You likely cannot keep the same amount of possessions coverage from year to year. Therefore, as you make changes to your rental status, pull out your policy. You might need to increase or decrease your possessions coverage. Times to look at your coverage include:

  • When you buy new possessions of excessive value. These might include new furniture, appliances, electronics or other devices.
  • Moving to a new home. You’ll likely need to adjust your property coverage anyway at this time. See if you need more or less possessions coverage.
  • Upon marriage or the birth of a child. Your physical assets will likely increase at this time.
  • When you renew a lease. Some landlords require residents to carry a certain amount of renters insurance. Usually, the landlord assumes no responsibility for damage to your personal property.

If you have questions about possessions coverage or renters insurance, contact one of our agents. We can help you get the appropriate coverage to meet your needs.

Posted 11:14 AM

Tags: renters insurance
Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2015
  • 2014

  • home insurance(24)
  • dave millet insurance agency(17)
  • insurance(15)
  • business insurance(12)
  • contractors insurance(11)
  • louisiana(10)
  • metairie(9)
  • workers compensation insurance(7)
  • flood insurance(7)
  • auto insurance(6)
  • general liability insurance(6)
  • homeowners insurance(5)
  • commercial insurance(4)
  • dave millet insurance(3)
  • commercial auto insurance(3)
  • boat insurance(3)
  • renters insurance(3)
  • laplace(2)
  • motorcycle insurance(2)
  • health insurance(2)
  • homeowners(2)
  • auto(2)
  • new orleans(2)
  • home(1)
  • short term disability(1)
  • metarie(1)
  • pests(1)
  • holiday(1)
  • car maintenance(1)
  • office safety(1)
  • vehicles(1)
  • mobile home insurance(1)
  • laplace la insurance(1)
  • general liability(1)
  • maintenance(1)
  • fire safety equipment(1)
  • cyber liability insurance(1)
  • disability insurance(1)
  • tires(1)
  • tenant insurance(1)
  • employee(1)
  • car insurance(1)
  • coolant(1)
  • rv insurance(1)
  • long term disability(1)
  • windstorm(1)
  • bad weather(1)
  • business owners(1)
  • builders(1)
  • commercial(1)

View Mobile Version

Call Us Today!

New Orleans

(504) 556-0809

River Parish

(985) 331-9077

Text River Parish

(985) 722-8447

Contact Us
Facebook Twitter LinkedIn Google Maps

Resources

  • Get a Quote
  • Customer Service
  • Payment Options
  • Report a Claim
  • About Us
  • Refer A Friend
  • Our Carriers
  • Blog
  • Contact Us

Contact Us

New Orleans: 2305 Veterans Memorial Blvd, Suite F | Metairie, LA 70002
River Parish: 13385 Highway 90 | Boutte, LA 70039
P: (504) 556-0809 | P: (985) 331-9077 | Text River Parish: (985) 722-8447 | F: (985) 331-9844
© Copyright 2025. All rights reserved. | Powered by Insurance Website Builder