RENTERS INSURANCE
What’s covered?Your policy could help pay for a variety of propertyandliabilityclaims:
•Property:Thestuffyoukeepinyourplace,suchasyourfurniture,clothes,andelectronics.Itcouldevencoverbelongingsyoutakewithyou while away from home.
•Liability:Incertainsituations,yourStateFarmRentersPolicycouldhelpprotectyourfinancesbypayingfordamageswhichyou’relegallyresponsiblefor,andevenyourlegaldefence.Forexample,thepolicycouldhelpcoverlegaldefencecostsifavisitoraccidentallygothurt atyourplaceandtookyoutocourt.
PROTECTWHATYOUOWN.Sayyourplacecatchesfire.Maybeapipeburstsandfloodsyourapartment.Oryoucomehometoabroken lock,atrashedapartmentandyourmosttreasuredpossessionsmissing.Whatnow?
Don’t let a break-in rob you of your financial security.Sure,yourlandlord’spolicycoversyourbuilding.Butiftheunexpectedstrikes,aStateFarm®RentersPolicycoversyourstuff.Andtheunexpectedmightbemorelikelythanyouthink:Burglariesandtheftunder$5,000accountfornearly32percentofallcrimesinCanada.1Ifyourapartmentisburglarizedordamagedbyawidevarietyofcauses,yourpolicycouldhelpfootthebilltoreplaceyourbelongings.Anditcouldcostlessthanyouthink:ifyoualreadyhaveaStateFarmAutoPolicy,itonlycosts$2to$4morepermonthforaStateFarmRentersPolicy.2
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Theft
Fireorlightning
Windstormorhail
Smoke
Artificiallygeneratedelectricalcurrent (powersurge)
Vandalismor maliciousmischief
Freezingofplumbing system
Weightofice,snow, orsleet
Your policy could help after many different losses, including those caused by:
Allpropertycoveragesaresubjecttoexclusions,includingthosefoundintheSECTIONI–LOSSORDAMAGENOTINSUREDareaofthepolicy.
Other costs covered by the policyYourpolicymayalsohelppayfor:
•Removalofyourdamagedpropertyafterafire,orotherlosscoveredbythepolicy.
•Extraexpensesforyourhouseholdtoliveelsewhere,ifyourhomeisuninhabitablebecauseofdamagecoveredbythepolicy.
What’s not covered?Therearecausesoflossthatthepolicydoesn’tcover.Forexample:
•Waterdamagecausedbyfloodor undergroundwater
•Liabilityforbusiness-relatedactivities
•Liabilityforintentionalinjuryor propertydamage
•Damagecausedbyearthquakeormudslide
Formoreinformationaboutwhatisn’tcovered,pleaserefertothe SECTIONI–LOSSORDAMAGENOTINSUREDandSECTIONII– LOSS,DAMAGE,ORLIABILITYNOTINSUREDareasofthepolicy.
DeductiblesA“deductible”istheamountthatyouareresponsibleforwhenyoufileaclaim.Forexample,let’ssayyoufile a claim for $10,000 after a burglary, and yourdeductible is $500. So your policy covers you for$9,500,andyouareonlyresponsiblefor$500.
Generally,thehigheryourdeductible,theloweryourpremium.Butwithahigherdeductible,yourfinancialresponsibilitywouldbehigherifyoufileaclaim.Youragent can help you determine the deductible that’srightforyou.
Did you know?
Ifyouhaveyourautoandrentersinsurance withStateFarm,youcouldqualifyfordiscountsonbothpolicies.
Coverage capsYourStateFarmRentersPolicyhascoveragelimitson certain typesof property, such ascomputers,collectibles,jewellery,andothervaluables.
Here’s an example: Supposeyourapartmenthadbeenbrokenintoandyourcomputerandprinterwerestolen.Ifyourpolicylimitforhomecomputersandequipmentwas$5,000,thepolicywouldreimburseyouuptothatlimitafteryourdeductiblehasbeenmet.3
Yourcoverageneedsmaychangeovertime,sobesuretoreviewyourpolicywithyouragenteveryyear.
Haveconcernsaboutyour personalliability?
A Personal Liability Umbrella Policy (PLUP)forextraliability coverageinincrementsof$1million,incaseyou’resuedfordamagesthatexceedyourStateFarmRentersorAutoPolicyliabilitylimits.
Ownjewellery,fineartsor othervaluables?
Other policy options or a Personal Articles Policy (PAP), which cangiveyouhighercoveragelimitsorbroaderprotection.
Wanttoprotectyourselfagainst identityfraud?
Adding the Identity Restoration Coverage Endorsement to your StateFarmRentersPolicy.Itofferscoverageforspecificexpenses causedbyidentityfraudandcasemanagementservicestohelpcounteracttheeffectsofidentityfraud.
Do you... Then consider...
Extra coverage you just might needDependingonyoursituation,youmayneedseparate,broadercoverageforadditionalfinancialprotection.
Home safety and damage prevention tips•Takeaninventoryandphotosofyourpossessions.Placeyourinventory,photos,jewellery,andother
importantdocumentsinasafedepositboxoraseparatelocation.Thiswillhelpyoudocumentalossif youneedtomakeaclaim.Tofullydocumentallyourcoveredproperty,askyouragentforacopyoftheHomeInventoryChecklist,ordownloadacopyfromstatefarm.ca®.
•Makesureyourlandlordhasinstalledsmokeandcarbonmonoxidedetectorsandadequatelocksondoors,andhasyourheatingandcoolingsystemsservicedprofessionallyonaregularbasis.
•Checkforfirehazardsregularly,includingunsafewiringconditions.
•Haveall-purposefireextinguishersavailable.
SMF-50009 CN.2 07-2013
You need your stuff. You can trust our protection.Why try to prepare for the future on your own? Let State Farm help. Why? Simply put, a better value:
•StateFarmoffersseveralwaystosave.Morediscountsmaybeavailableinyourprovince.
-DiscountsmayapplyifyouhaveaqualifyingStateFarmAutoPolicy,orifyouinstallaqualifyingfire orburglaralarmsystem,suchasthosereportingtoacentralmonitoringstation.
•PowertoPayYourWay.Youcanmakeyourpaymentsmonthly,quarterly,semi-annually,orannually. Payonline,withautomaticmonthlypayments,bymail,orinperson.
•Yourlifechanges.LetaStateFarmagenthelpyoumanageyourchanginginsuranceand financialneeds,fromstartingafamily,tobuyingahome,toplanningforretirement.
•We’reherewhenyouneedusthemost.StateFarmhasoneoftheworld’slargestprofessional claimnetworks,sowecansettleyourclaimspromptlyandfairly.
•Gettingintouchisalwayseasy.Walkin,Mailin,Callin,Clickin®.ContactyourStateFarmagenttoday orvisitstatefarm.ca.
Withmorethan90yearsintheinsurancebusiness,thefinancialstrengthtobackupourpolicies,andconsistentlyhighratingsfromindependentratingagencies,youcantrustStateFarm.
1StatisticsCanada,CANSIMtable252-0051andCatalogueno.85-002-X.Lastmodified:May17,20132Estimatedadditionalaveragecostpermonthfor$20,000inrentersinsurancecoveragewithpurchaseofqualifyingautoinsurancefromStateFarm.3Cappedpropertytypesandcoveragelimitsmayvarybyprovince.AskyourStateFarmagentfordetails.
Thisisonlyageneraldescriptionofcoveragesandisnotastatementofcontract.Detailsofcoverageorlimitsvaryinsomeprovinces.Allcoveragesaresubjecttotheterms,provisions,exclusions,andconditionsinthepolicyitselfandinanyendorsements.
StateFarmFireandCasualtyCompany Aurora,Ontario
statefarm.ca®
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