Do you need renters insurance?
Thought you were covered by your landlord’s insurance? Think again. You’ll need renter’s insurance to protect your belongings from perils like theft, vandalism, fire, and falling objects the minute you begin renting. According to recent estimates, nearly half of the 61 million people who rent their homes are uninsured for their contents or for any liability arising out of their tenancy. Don’t be a statistic – get covered today!
Renters insurance protects against the damage or loss of personal property when you rent an apartment or house. Your landlord may have insurance that protects the physical building in which you reside, but this insurance will not cover your personal property. In fact, it’s not at all uncommon for landlords to require the purchase of renters insurance prior to renting or leasing.
Not only will renters insurance protect your personal items, it can also give you help with temporary housing and liability protection for people on your property. It can also help protect you in case of a liability lawsuit against you. This could occur in a situation where you are held responsible for:
√ Injury to another person
√ Damage to another person’s property(whether the incident occurred within your rented residence or elsewhere)
Once you determine your need for renter’s insurance, knowing your options will help you choose the best policy.
What’s covered in Renters Insurance?
Think of the costs associated with having to replace everything you own. What if you came home tomorrow and your apartment had burned down? Where would you go? How would you pay to replace your clothing, furniture, and appliances? Renters insurance can cover all of these.
Renters insurance can cover virtually all of your personal possessions. Most policies provide coverage for electronic goods and equipment, small appliances, sports equipment, cameras and photography equipment, furniture, clothing, glassware and china, and books.
Items such as computers, jewelry, furs, and firearms can also be covered by either scheduling them on your renters policy or by purchasing a separate Jewelry or a Personal Inland Marine Policy. Your renters insurance policy may include:
- Personal property protection
- Liability protection
- Guest medical protection
- Additional living expenses
- Additional protection
Get a Renters Insurance Quote Today!