Renters Insurance
Do you need renters insurance?
According to recent estimates, nearly two-thirds of the 81 million people who rent their homes are uninsured for their contents, or for any liability arising out of their tenancy.
- How much it would cost to replace your belongings?
- Is carrying a renters policy required by your landlord?
- If you have a pet, have you considered the risk liability from them hurting someone or something?
- Don’t forget to protect your belongings from perils like theft, vandalism, fire and falling objects
RENTERS INSURANCE
Do you need renters insurance?
According to recent estimates, nearly two-thirds of the 81 million people who rent their homes are uninsured for their contents, or for any liability arising out of their tenancy.
- How much it would cost to replace your belongings?
- Is carrying a renters policy required by your landlord?
- If you have a pet, have you considered the risk liability from them hurting someone or something?
- Don’t forget to protect your belongings from perils like theft, vandalism, fire and falling objects
Renters Insurance
There are advantages to being a renter
As a renter, you’ve got it pretty good: no property taxes, no lawn cutting and no snow removal.
But what would you do if you returned from work or a vacation and all your possessions in your apartment had been destroyed by a fire? Or, if there were a break-in and some of your most expensive belongings were stolen?
You may think that the building owner’s insurance would take care of all the damage caused by a fire.
It doesn’t.
Your building owner is only required to carry insurance for the structure. Usually, covering everything outside “your walls” is their responsibility, while everything inside is yours to cover.
This means all your furniture, electronics, household appliances, clothing and jewelry are uninsured unless you purchase a renters policy.
How expensive is your “stuff”?
If you’ve considered it all, you might think that the “stuff” you have accumulated isn’t worth that much. It may or may not be worth anything from a dollar amount, but that’s very different compared to how much it would cost you to replace it. Buying a new bedroom set, clothing, or a computer can cost much more than you think.
Besides covering all your stuff, it covers you from being held liable if someone hurts themselves while they’re in your home. So, in the unfortunate event you’re sued for a covered peril, and you’re found liable, the renters policy will cover you, up to the policy limits.
At the end of the day, you’ll be surprised at how affordable renters insurance can be.
What else is covered?
Renters insurance can cover virtually all your personal possessions. Most policies provide coverage for electronic goods and equipment, small appliances, sports equipment, cameras and photography equipment, furniture, clothing, glassware, china and books. Other items, such as computers, jewelry, furs, watercraft and firearms, can also be covered with extended protection.
Your renters insurance policy may include:
- Personal property protection
- Family liability protection
- Guest medical protection
- Temporary housing
- Liability protection for people on your property
Call 800-719-6500 or complete the form below to speak with an AssuredCHOICE agent to learn more. Or, to schedule an appointment with one of our trusted agents CLICK HERE.
