Are you renting an apartment, condo, or home? If you are, you probably need renters insurance. Even if your landlord does not require renters insurance, it is still a good idea to protect yourself and your assets.
You may be thinking that you don’t have that much stuff. You would be amazed at how quickly everything can add up. If something happened to your residence you would have to purchase new clothes, dishes, cooking utensils, furniture, electronics, and the list goes on. You would also have to find another place to stay and buy new food to eat! This can be overwhelming!
Renters insurance provides protection for more than just your belongings, it generally covers:
- Personal Property – Your clothes, dishes, furniture, electronics, etc…
- Loss of Use – The cost of living while your residence is not habitable due to a covered loss.
- Personal Liability – Protection for you and members of your residence against lawsuits.
- Medical Payments – Coverage for medical expenses that arise when a non-household member is injured at your residence.
Renters insurance is a great way to protect yourself and your possessions at a very affordable price!