YOUR INSURANCE TIPS
Feel free to share these posts on your Agency Website and Facebook
  • Insurance Tips
  • Accessibility Statement

Do you rent? Here's why you need Renter's Insurance

1/15/2021

0 Comments

 
Picture
US statistics show that that renters experience higher rates of property crime, theft, and burglary than people who own their home. Renters are in danger of losing their belongings from vandalism, water damage, fire, smoke, electrical surge, ice, snow, and other perils. Despite the risks, many renters don't have renters insurance.

What if everything you own was damaged, stolen or destroyed? Would you have the thousands of dollars to replace valuable merchandise, such as your clothes, jewelry, computer, DVD player, television, furniture, and stereo equipment?

If you live in a rented apartment, house or condominium, your landlord’s insurance doesn’t cover your personal property in the event that it is stolen or damaged as a result of a fire, theft or other unexpected circumstance.

If your building burns to the ground, your landlord isn't responsible for replacing the charred contents of your apartment.
Whether you rent an apartment, own a condominium or have any rental property, you need insurance  to protect your belongings. While your landlord and condo association might have insurance, it only protects the building and not its contents.

So if your building burns to the ground, your landlord isn't responsible for replacing the charred contents of your apartment. Likewise, if your house guest trips over your ottoman and fractures his arm, your landlord's insurance on the property won't protect you from liability. Your landlord may be liable for injuries outside of your rental property, common areas such as the lobby or stairs. But once your guest crosses your front door, he or she is your responsibility.

When you look at the trade-off — paying a small premium for coverage against the cost of replacing what has taken you years to accumulate — renters insurance makes perfect sense.
​
Contact our office for a no-obligation quote on Renter’s Insurance. Most coverages can be quoted and bound from the comfort of your home.
0 Comments

Your comment will be posted after it is approved.


Leave a Reply.

    Useful Information 

    Various articles on protecting yourself & your family

    Archives

    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019

    Categories

    All

    RSS Feed

Photos used under Creative Commons from Robert Couse-Baker, kinglear55, osseous, Patrick Feller, Jaykhuang, f2 photografia, State Farm, mikecogh, Chris Bloom, Gamma Man, Seth Lemmons, Gerry Dincher, VirtualWolf, Free Public Domain Illustrations by rawpixel, Peter O'Connor aka anemoneprojectors, ccPixs.com, wuestenigel, elizabeth nolan brown, vicentedorsey, Alexandre Prevot, Ninara, Informedmag, Puddin Tain, Rexness, wwarby, Elvert Barnes, Ninara, Free For Commercial Use (FFC), mikecogh, Emery Co Photo, robspiegel, Karen Roe, Alexandre Prevot, joshuaheller, France1978, irio.jyske, Chase Lewis, ephidryn, ToGa Wanderings, AutoRentals.com, www.ilkkajukarainen.fi, akeg, Yves Sorge, Francis Bourgouin, Tim Green aka atoach, Ben Taylor55, driver Photographer, Martin Pettitt, toptenalternatives, ms.Tea, anttilipponen, Christian Haugen