1. 37376 POINTS
    David G. Pipes, CLU®, RICP®
    Business Development Officer, T.D. McNeil Insurance Services, Fresno, California
    A renter’s policy normally provides limited coverage for personal property away from the residence.  Most policies set the amount of coverage at ten per cent of the covered amount.  If you have a renters policy with $50,000 of personal property coverage, $5,000 of that property could be located away from the residence and still be covered.
    Answered on May 1, 2014
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