Question

Which of the following items below would be covered by a standard renters insurance policy?

Answer 1

Answer:

The correct answer is letter "A": Your TV if it gets stolen or damaged in a burglary.

Explanation:

Renter's Insurance Policies offer individuals coverage on property damages for three specific situations: loss of personal possession, liability, and Additional Living Expenses (ALE). In front of burglary, the loss of personal possession coverage could provide the individual affected an amount to cover all the losses but the problem relies on what was lost. Thus, it is important to list the belongings possessed such as appliances, furniture or jewelry which were likely to be the most expensive items.