When there’s an apartment fire, where do you go afterwards?
After your safety is assured, your first concern isn’t generally the amount of personal property you lost, it’s the loss of things like your bed and a place to put your belongings. Carbondale renters insurance doesn’t just protect your personal property and your liability, it can also help you with the immediate aftermath of a loss. It can be difficult to find somewhere to sleep and a way to eat when your wallet is on the nightstand in your burning apartment. Learn how Carbondale renters insurance does more than just replace your personal property, and why that coverage is so important!
Carbondale, IL is home to Southern Illinois University, which has a large population of both undergraduate and graduate students. In other words, Carbondale is largely populated by people who are likely to have little or no emergency funds. Oftentimes this means that they are physically tied to their location, so moving back in with family hundreds or thousands of miles away just isn’t an option. Law students and medical students generally don’t have the luxury of just picking up and moving.
Recently, student apartments in Carbondale were set ablaze by an electrical failure in a window air conditioner.
Unfortunately, most of the units were affected due to the high rise structure of the building. Fire and water both tend to impact more than just one unit, and in this case the flames reached several floors up the side of the building. Five people, including a local firefighter, were taken to the hospital as a result of the blaze.
The housing market in Carbondale is somewhat different than that of the larger cities in Illinois. If you suffered a loss and needed to use your Chicago renters insurance, finding a new apartment to replace the burned one might not be difficult. In an economy based mostly on students, housing tends to be available only at certain times of the year. Because of this, one important feature of Carbondale renters insurance is its ability to cover your additional living expenses.
How Does Carbondale Renters Insurance Cover Additional Living Expenses?
There is a specific type of coverage on all renters insurance policies, called Loss of Use or Additional Living Expenses. This coverage pays for expenses over and above your normal cost of living, such as a hotel room after a fire. This is a part of every renters insurance in Carbondale, as well as nationwide and it’s an important, often overlooked coverage.
Additional Living Expenses is the difference between depending on the Red Cross to provide a hotel for the time being, as opposed to having your policy cover these expenses and ease the transition. It makes the whole process of recovering after a loss significantly easier and somewhat less unpleasant.
To find out more about how Carbondale renters insurance can help protect your property and lifestyle, and why student renters insurance is so important, call Effective Coverage at (800)892-4308 or click above to get renters insurance quotes online.