Does Your Renters Insurance Cover Your Pets?

Apartment rentals offer many benefits over homeownership, including the services of a landlord who will take it upon themself to repair any damages to the unit when you move out. That is why you pay both security and pet deposits as a new renter who’s arriving along with a furry friend or two!

But what about damages that exceed the amount of your deposit or other incidents related to your pet?

That’s where renters insurance comes in. Keep reading to learn more about how the right policy can help protect your finances and ensure your peace of mind.

Property Damage

If your pet causes damage to someone else’s property, this coverage may apply. For example, if your dog damages a neighbor’s yard, vehicle, or outdoor furniture – or your cat decides to turn furniture that came with your unit into a scratching post.

It’s essential to understand your policy’s limits, as not all property within apartment rentals is covered.Specifically, mostrenter’s insurance won’t cover pet damage to your own property. Depending on your policy’s deductible, it might be more affordable to let your landlord subtract repairs from your security deposit.

Insurance typically won’t cover damage to the property of unrelated individuals living in your home – like roommates. But, it will apply to house guests and visitors.

Personal Liability

The personal or bodily liability portion of your renter’s insurance may protect you from being held accountable for injuries caused by anyone in your household – even your fur babies. This includes minor injuries like dog bites and cat scratches.

Keep in mind that each insurance policy will have its own set of rules, including restrictions for certain dog breeds. Before selecting a policy, review these limitations carefully and determine if additional coverage is offered based on your pet of choice. And, don’t be surprised if your furry friend doesn’t make the cut – plenty of breeds besides rottweilers and pit bulls face restrictions.

If your renter’s insurance policy absolutely won’t cover your pet, you may be able to purchase separate or additional coverage for your apartment rentals. You might also read up on breed-specific dangerous dog laws if you’re not yet a pet owner but planning to welcome a new member into your family.

Pick the Right Policy

There are endless options when it comes to both renters insurance and pet insurance for your apartment rentals, and deciding which is right for you depends on the above factors, in addition to your apartment’s pet policies. For example, a basic umbrella policy is probably adequate if you have a small and docile pet that your landlord allows and you have paid a substantial pet deposit.

You should also note that pet insurance is designed to help with unexpected veterinary bills, not property protection and bodily harm. So, for the most comprehensive coverage for yourself, your pet, and others possible, you’ll likely need both types.

Apartment Rentals Made Easy

Do you have more questions about renters insurance or standard apartment policies and guidelines when it comes to pets in apartment rentals?

Contact McLellan Estate Co.today! Our friendly office staff is standing by to help with whatever you might need, from general information on apartment rentals to company pet policies, application, information, and more.

McLellan Estates operates two apartment complexes in the Bay Area, Crestview Apartments and Old County Road Apartments, both in close proximity to shopping, parks, dining, and transportation.