Why do I need renters insurance?
Renters insurance covers your personal belongings – from clothing and electronics to household appliance and furniture. Even a minimal number of items could add up to thousands of dollars worth of assets.
Won’t my landlord have to pay something if my belongings are damaged or stolen?
Your landlord has insurance to cover the building and any of his belongings, but it doesn’t cover your personal belongings. Only renters insurance will pay for your belongings. And it won’t pay anything if an event occurs that would leave your rented residence uninhabitable.
Renters insurance provides additional living expense coverage. If you are unable to stay in your rented residence after a fire, burst pipe or other covered disaster, this coverage will pay temporary lodging up to 20% of the scheduled limit while repairs are being made.
Can I afford renters insurance?
Can you afford not to have it? Have you taken inventory of what you own? Could you come up with the money to replace everything? Take an inventory of your belongings. Not only is an inventory invaluable method for keeping track of what you own in case it is lost or destroyed, it will also help you determined the amount of insurance coverage you need.
For a FREE quote, call us today or stop by 211 Scott Lane.