Will renters insurance cover your rent if you lose your job?

I've been hearing rumors at work that layoffs are coming. If I'm laid off, will my insurance cover my rent?

Answer
Unfortunately, no, renters insurance does not cover your rent in the event that you lose your job. What it does cover is your personal property, medical and legal bills if you’re liable for damage or injury to others, and temporary living expenses if your home is uninhabitable for a time.
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Alexah Grinnell
Answered on Mar 08, 2021
Alexah Grinnell has been working in the insurance industry for 5 years with a primary focus of coverage consulting in the sales department. She has been working for Jerry Insurance since July of 2019 and has also has experience working for AAA and State Farm. She currently lives in Rochester, NY with her husband and 3 kids
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