Ames Renters Insurance Coverage

What is Renters Insurance & Why do I Need it?

Many renters overlook the necessity and benefit of possessing a renters insurance policy. This could be for various reasons, but ultimately you should know that renters insurance covers your personal belongings lost under various circumstances while you are a tenant. Most landlord insurance policies do not cover the personal belongings of their residents, so the Hunziker team values ensuring our residents are covered and safe.

Hunziker Resident Renters Insurance Policy

For the duration of the lease agreement, all tenants are required to maintain and provide proof of the following:

Documentation of Adequate Coverage

 $100,000 Limit of Liability for tenant’s legal liability for damage to the landlord’s property for no less than the following causes of loss: fire, smoke, explosion, backup or overflow of sewer, drain or sump, and water damage (“Required Insurance”). Tenants are required to provide Hunziker Property Management with evidence of Required Insurance prior to occupancy of leased premises and at the time of each lease renewal period. 


If at any time a tenant does not have Required Insurance, tenant(s) are in breach of the Lease Agreement and Hunziker Property Management shall have, in addition to any other rights under the Lease Agreement, the right but not the obligation to purchase Required Insurance coverage and seek reimbursement from the tenant(s) for all costs and expenses associated with such purchase. 


Common Questions About Renters Insurance

  • What does renters insurance cover?

    While it varies slightly from policy to policy, in general renters insurance covers your stuff (clothes, electronics, furniture, etc.), any additional living expenses that may be required if you are displaced as a result of your home disaster, and also covers liability. The liability aspect pays for any damages or legal expenses if someone sues you for injuries they sustained in your home.


    Most policies do not typically cover flooding, earthquakes, or pest infestations.


  • What are the qualifying events that my renters insurance would cover me for?

    Most policies reimburse you for loss incurred as a result of these specific events, but check with your insurance company to get a full list of your specific coverage:

    1. Fire or lightning
    2. Windstorm or hail
    3. Explosion
    4. Riots/Civil disruption
    5. Damage from an aircraft
    6. Damage from a vehicle
    7. Smoke
    8. Theft
    9. Vandalism 
    10. Volcanic eruption
    11. Falling object(s)
    12. Weight of ice, snow, or sleet
    13. Sudden and accidental cracking, burning, or bulging of particular household systems
    14. Accidental water or stream from within certain house systems or appliances
    15. Sudden damage from artificially generated electric currents

  • How can I figure out how much my belongings are worth?

    While you may not expect your college belongings to amount to much, even just your clothes, computer, and bed can add up! There are some apps that can help you inventory your belongings, or you may choose to do so in a spreadsheet.


  • Is my pet covered by renters insurance, and in what way?

    Many renters insurance policies include liability insurance for you in the case that your pet injures someone leading to medical bills and/or a lawsuit. Be aware that many policies do not include liability coverage for certain breeds. Find more information on Hunziker’s pet policy here.


Renters Insurance Options

  • Personal Renters Insurance

    This can be obtained through an insurance agency of your choosing. Generally, these policies will cover your personal belongings as well as liability. If you choose a personal renters insurance policy, please make sure all tenants in your unit are covered, or make sure everyone has their own policy. We highly recommend you purchase insurance that covers your own belongings.

  • FolioGuard Renters Insurance

    You can sign up for Roost Renter's Insurance through your online tenant portal (available for you to access prior to lease signing). These policies will cover your personal belongings as well as liability. 

  • AppFolio Renters Insurance

    This policy covers liability only (it will not cover your own personal belongings). It costs $9.50/month for the entire unit. This charge is added to your normal monthly rent. This coverage can be turned off on a monthly basis only, so if you choose to switch to a personal renters insurance policy, you will be charged for the entire month.

Reach out to Hunziker Regarding Insurance Options

Contact our team for clarifications or questions on resident insurance requirements.  

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