renters insurance oakville

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

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