Oregon Renters Insurance & Quote | Wawanesa

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A renters insurance policy in Oregon can cover your personal belongings from damage or theft, covers your liability (subject to policy limits) if a visitor is injured on the property and can help pay for living expenses if you’re temporarily displaced due to a covered loss. Some coverages are included in a basic policy at no additional cost, while extended coverage limits are available for certain higher end items. Renters insurance can financially protect what you own from damage or loss even if it occurs away from home.

Here’s what’s included with your basic renters insurance policy

Personal Property

A basic renters insurance policy covers your personal property up to policy limits. You may not think you own a lot, but you’d be surprised at the value of just some basic furniture and kitchen equipment. Then there’s your clothes, shoes and don’t forget about your electronics. Your pride and joy sound system, flat screen television, and all the rest. If you were the victim of a burglary, you may not be able to replace all these items without insurance. Your belongings would be covered even when you’re away from home. For example, if your bike is stolen while it’s chained up at work or your luggage goes missing after a flight.

Loss of Use

Renters insurance also covers expenses if you’ve been displaced by a covered incident and need a temporary place to stay. Your landlord’s insurance policy doesn’t cover any of those expenses — even if a pipe bursts or the electrical system causes a fire. Without renters insurance, you would have to pay for your own hotel accommodations and additional living expenses while the damage to your place was being fixed.

Personal Liability Protection

No one likes to think that a friend or family member will take them to court, but it’s best to be on the safe side with liability protection, which is included in an Oregon renters insurance policy. Say your sister brings her friend with her when she visits, and your dog accidently bites that friend in your home. If that friend is injured, they could file a lawsuit against you for those injuries. The policy will provide a defense and indemnification of any award that might be rendered (subject to policy limits). A renters insurance policy will also give you financial protection if you (or your pet) accidentally cause damage away from your residence.

Medical Payments to Others

The medical payments coverage in your Oregon renters insurance policy helps give you peace of mind. If a visitor in your home falls and gets injured, your renters insurance can help pay for any medical expenses incurred (up to the limits of the policy). Accidents and injuries do happen, no matter how careful we are. Keep in mind that this coverage does not cover you, the policy holder or regular residents of the household. (You would use your own health insurance coverage if you were injured.)

Optional Coverages

We also offer optional coverages that can customize your renters insurance policy such as earthquake coverage, increased limits on items of higher value, business pursuits, and more. Get a quote online or give us a call at 800-640-2920.

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