If you rent an apartment, condo or home, renter’s insurance is your safeguard against property loss and personal liability.
While your landlord’s property insurance covers losses of the building itself, your personal property is only covered through a renter’s insurance policy that you, as a tenant, have to find and pay for.
There are many instances where renter’s insurance is important. These questions can help determine if it’s the right option for you:
- If all of your clothes, TV, computer, furniture and other belongings were destroyed in a fire, could you afford to replace them?
- If someone is injured at your house – a friend, neighbor or pizza delivery person – could you be held liable?
- If your apartment was broken into and your property was stolen, how would you replace your belongings?
If you add up the value of just your clothing and electronics, it probably wouldn’t take long to get into the thousands of dollars. That’s why it’s so important to make sure you’re protected. And the good news is that renter’s insurance is affordable and flexible. You can find a term that works for you so that if you’re ready to purchase a home, you’re not stuck with insurance you no longer need.
If you’re ready for a free insurance quote or have questions about renter’s insurance, talk with a Starion Insurance Agent today.