The amount of coverage you need will depend on how much your belongings are worth. Insurance companies only pay out the amount of coverage that you choose when you sign up for the policy. Glazd highly recommends you do your due diligence and create a home inventory of your items and how much they are worth. This will help you know how much personal property coverage you will need, but it will also help you if you need to file a claim. When you document your belongings when you purchase your policy, it streamlines any future claim that you may have.
Your landlord has coverage for the building you live in, but their insurance will not cover you or your personal property. For instance, if a tenant above you leaves their bath running and it floods your unit damaging your tv, couch, and bed; your landlord’s insurance would not cover your stuff. If you have active coverage, you may covered in this instance. You may also have coverage if you had to stay in a hotel for a few days while repairs are done on your unit.
This type of coverage helps cover medical expenses if one of your guests is accidentally injured in your unit. Your policy may help for things like:
This type of coverage helps pay for legal expenses, medical bills and other damages if someone gets injured at your unit and sues you.
Glazd charges for three months upfront and then the monthly fee for the next 9 month.
For Example: if you select a policy for $13/month, Glazd charges $39 for the first payment. You then pay $13/month for months 2-10. You are not charged at months 11 and 12.