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Are there exclusions I should know about?
Exclusions listed and defined in your policy might include neglect, intentional loss, “earth movement,” general power failure, and even damage caused by war. If you fail to take
care of your property (e.g., a leaky roof), you might not be covered. Obviously, if you
intend to lose an object or damage your property, there's no coverage.

One other exclusion that can be costly is the Ordinance or Law exclusion. Building codes
established by governmental bodies that drive up the cost of rebuilding or repairing after
a loss occurs might not be covered by your insurance policy. Thus, if you discover when
replacing damaged property that current law demands higher grade or more expensive
materials than those you're replacing, the new materials might not be covered fully.

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RENTERS INSURANCE

How expensive is renters insurance?
Renters insurance is typically available for as little as $100 a year.

Does my landlord's insurance protect me?
Usually not. The property owner's insurance covers the building itself and seldom a tenant's possessions or liability. Clarify this with your landlord before signing a lease.

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