Renters Insurance at No Additional Cost

January 24, 2019

While the Department of Defense removed the renter’s insurance component of BAH on January 1, 2015, Lincoln Military Housing continues to offer renters insurance that provides up to $10,000 in Personal Property Contents Coverage at no additional cost to your family. This policy provides property coverage, but it is not a replacement for a proper renter’s policy. In addition to property coverage, a renter’s policy will provide liability as well. Lincoln Military Housing recommends that all service members obtain a rental insurance policy that includes liability coverage from a reputable insurance company such as USAA.

The USAA renter’s insurance policy provides the member coverage for their personal belongings worldwide. The following perils are covered:

• Theft (Limitations apply to jewelry, silverware, firearms)

• Fire and Lightning

• Windstorm or Hail

• Vandalism & Malicious Mischief; Riot and Civil Commotion

• Smoke Damage

• Collapse; Falling Objects; Explosion

• Freezing

• Aircraft and vehicles

• Moving and Storage – Personal belongings are covered while in transit or storage.

• Food Spoilage

• Loss of Use

• No deductible

• Replacement Cost

• Military Uniform & Equipment Coverage:

o For active duty and active duty reserve

o Covers loss for military uniforms or personally owned military equipment such as clothing, headsets, insignia

For more details  call 1-800-531-8722 or visit USAA.COM

Categories: Local Living

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