What Is Renters Insurance?

Renters' insurance covers liability that may arise from your dwelling if you do not own the home/apartment. It also insures your personal possessions should they be lost or damaged. Basically, the protections under a renters' insurance policy are the same as a homeowners' policy. The owner of the building is still responsible for insuring the building itself and for the liability coverage surrounding common areas of the dwelling.

Other Nevada Insurance FAQs

Q: What Is The Nevada Definition Of An Insurance Agent?
A: An agent is a natural person, partnership or corporation appointed by an insurer to solicit and negotiate insurance contracts on its behalf, regulated by the Nevada … More
Q: What Are The Necessary Requirements To Become An Agent?
A: The following qualifications must be met in order to become an agent in Nevada: 1. You must pay the licensing fee of $140.00 2. A resident producer must take and … More
Q: What Is An Agent?
A: An agent is a licensed representative of an insurance company who solicits, negotiates, or effects contracts of insurance and provides service to the policyholder for … More
Q: What Is A Broker?
A: A Broker is an individual, partnership or corporation who, for compensation, (not being a licensed agent for the company in which a policy of insurance is placed) acts … More
Q: What Is An Assignment?
A: An assignment is the signed authorization by the policyholder for the insurance company to pay benefits directly to the hospital, doctor, or other provider.
Q: What Is A Legal Service Representative?
A: A legal service representative is an individual appointed to represent a legal service insurance corporation that has been authorized by MDI to conduct a prepaid legal … More
Q: What Is A Beneficiary?
A: A beneficiary is the person designated or provided for by the policy terms to receive the proceeds upon the death of the insured.
Q: What Are Benefits?
A: Benefits are the dollar amount payable by the insurance company to the claimant, assignee, or beneficiary under any valid policy.
Q: What Are The Different Types Of Coverage On An Auto Insurance Policy In Nevada?
A: There are several different types of coverage. 1. Bodily Injury/ Property Damage Liability These coverages protect you if you injure someone else or damage … More
Q: Questions/Factors Insurers May Ask/Consider Before They Offer You A Policy:
A: 1. Driving Record On the application, you will be asked about your previous driving record. Insurers will ask about accidents and traffic violations for any … More