You will want to carry enough tenant’s insurance to cover all your belongings that you own and adequate personal liability. Typically, an average policy may offer a limit of $2,000,000 for personal liability, which can be enough for some individuals or families. However, depending on your circumstances and depending on your lifestyle, you may wish to increase your limits. You can supplement coverage if necessary to include higher limits and other perils normally excluded on a typical policy, such as sewer back-up and identity theft.
Contact your D.G. Smith account manager about any tenant’s insurance endorsements that may be of benefit to you.