Insurance isn’t just for homeowners or car owners. In fact, renters insurance is a must for those who rent a house or apartment. With a lot of renters out there, they are not required to have insurance and most worry about the extra cost. But what a lot of renters don’t know, is renters insurance protects you from a lot of unforeseen problems and is expensive.
The rate for renters insurance can range anywhere from $8 to $30 a month. If you already have a policy for your vehicle, sometimes you can receive a discount for having a bundled policy. For just a few extra dollars a month, you and your belongings can be protected if anything were to happen. You would be surprised how much your physical assets are actually worth. The little things do add up and your insurance provider will help you regain what you have lost.
Even if your landlord has his or her own policy, that may not be enough. By having renters insurance it will cover your belongings. If you rely only on your landlord’s policy, the belongings inside your apartment are not covered. Only the building that you live in is covered for anything that would happen. The landlord is not liable for any damages done to your personal belongings.
Renters insurance covers your personal belongings if your apartment suffers any of the following:
- Fire or Smoke Damage
- High Winds
- Electrical Surges
- Severe Snow Storms
- Water Damage
- Vandalism or Robbery
It doesn’t stop there either. Your policy will also cover you if someone gets hurt while on your property or if you damage a neighbor’s property. You are covered even if they are not in your apartment. Maybe you take your laptop to work and it gets damaged, your policy may cover that as well.
Your insurance provider is there for you. If for whatever reason you cannot stay in your apartment because of damage, your provider can provide you with monies to help. You can then use the money for a new place to stay and even meals.
Renters insurance may seem like just another bill every month, but if anything were to happen, you will be glad you had it. You can feel at ease in your apartment and not have to worry. Contact us today and see how we can get you covered.