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Nuts & Bolts:
Lexington Insurance is offering a new market for renters sold directly through insurance agents. The benefits to be paid, subject to the policy’s express provisions and to the extent of the $100,000 policy limits, are in the following priorities. In the event of a covered loss the $100,000 policy limits, per occasion, shall benefit and/or be paid as follows: First, to the owner to the extent of the owner’s loss; Second, to the adjacent (non-negligent) resident(s) to the extent of such residents’ personal property loss, plus $1,000 for additional living expenses; Third, to the negligent (damage-causing) resident not to exceed $5,000, to the extent of such resident’s personal property loss, plus $1,000 for additional living expenses. Renters legal liability insurance covers damages caused by renters’ negligence for fire, smoke, explosion, accidental water discharge and sewer backup.

Dollars:
$1,000 yearly deposit, $1,000 deductible, $100,000 policy limit.

Carrier:
Lexington Insurance, a member of ÌìÃÀÍøÕ¾´«Ã½´«Ã½, rated “A+ XV.”

States Available:
All.

Contact:
(800) 770-9660 or www.rllinsure.com.