A fire can wipe out everything you own in a matter of hours. There’s nothing more disheartening than watching your children cry because they’ve lost everything they own. In many situations, a renters’ insurance policy can help residents in Sandpoint, ID.
Standard Policies
Standard policies typically include your minor child’s belongings as long as the child is considered a permanent resident of the household. Children who stay with you only every other weekend may not be covered by this definition. Split custody arrangements, such as alternating weeks, can get more complicated, and coverage in these situations varies by company. An agent at Selkirk Insurance Services can help you determine whether your child’s belongings are covered.
Adult Children
Adult children may not automatically be covered under your policy, since insurers may view them more like roommates. These situations often call for a separate policy altogether. Adult children who are away at college or living off campus may not qualify for coverage under your plan either.
That said, some policies extend coverage to everyone in the household, meaning an adult child or roommate could potentially file a claim to help replace their own belongings. It’s always best to speak directly with an agent to confirm your specific coverage, since policies vary by company.
Children Who Don’t Live With You
Renters’ insurance policies generally cover only people who live in your home. That means children or others who don’t reside with you typically can’t file their own claim, even if they keep personal belongings at your place or use a space like your attic for storage. That said, depending on your coverage, you may still be able to include the value of their belongings as part of your own claim.
Agents at Selkirk Insurance Services can help you better understand how your coverage works. Contact us today. We’re currently serving the Sandpoint, ID, area.
