Renter's Insurance Facts in Hong Kong

Renting in Hong Kong & the Insurance You Must Have COMMON MISCONCEPTION: My landlord has insurance and will cover contents of my home. ESTIMATE COST OF A BASIC APARTMENT CLOTHES $$$$$$$ $7,000 TV # 1FACT: $$$$$$$$ $8000 COUCH Your landlord's insurance will usually only cover risks for the property. O MATTRESS $$$$$ $5000 #2 FACT: MOUNTAIN BIKE Tenants are responsible for contents of their rented home $50,000 MICROWAVE $$ $$$$$$$$$$ $$$$$$$$$$ $20,000 #3 FACT: $1200 COMPUTER Most expats in Hong Kong are renters making Renter's: Insurance a good idea. 1000 HKD PER $$$$ $$$ $13,000 IN CASE OF FIRE, YOU STAND TO LOSE $ 108,200 FOR A BASIC APPARTMENT RENTERS INSURANCE CAN COVER FOR ALL RISKS. THIS POLICY MAY BE FOUND UNDER HOME CONTENTS INSURANCE ALSO COVERS: BASIC LIABILITY Example: Cover for injury incurred in your home. LOSS OF USE Example: Covers cost of temporary housing in case of a catastrophic event like a fire VILLAGE WE HELP FIND INSURANCE FOR EXPATS IN HONG KONG CONNECT WITH US. Insurance VISIT WWW.VILLAGEINSURANCEDIRECT.COM EMAIL: [email protected]