Renter’s insurance is often overlooked. If you don’t own the property, you don’t need insurance, right? Think again. You can still be hit with liability costs, damage costs, and other unforeseen events. Renter’s insurance is a simple and affordable way to ensure that you are covered no matter what comes your way.
Liability Coverage
Liability coverage means that if something happens to someone else on the property due to negligence, you would be covered. For example, if someone trips on something on your floor and sprains their ankle. You could be liable for not providing a clear walkway—but if you’re covered, it’ll be much easier to deal with. It would not cover any intended injury, business pursuits, or vehicle-related damage.
Peace of Mind
You never know what curveballs life might throw at you. Even if you don’t own the property you are living in, you could still be found liable for many things. For example, a tree could crash through your roof—if you have renter’s insurance you could have hotel and food expenses covered. You may also have damages to your space due to your own negligence, this would be covered by renter’s insurance.
If your house or apartment becomes unlivable for any reason and you need to find accommodations elsewhere while things are repaired, renter’s insurance would cover your expenses. You can rest easy knowing that no matter what comes your way, you’ll have an affordable and safe place to stay.
Enjoy peace of mind knowing that your private property is covered, and you and your family will have a place to stay no matter what happens. If it’ll put your mind at ease, it is worth investing in.
It’s Affordable
Renter’s insurance doesn’t have to break the bank. Get the coverage that you need without putting a hole in your wallet. Paying for insurance is a much more affordable option than being slapped with a liability lawsuit, damage costs, and other costly things that can come along with renting. Better to be safe than sorry. Invest in renter’s insurance.
Can Be Required
Some landlords require their tenants to have renter’s insurance. It may be the landlord requiring it or even the landlord’s own insurance policy that requires it. If it is required, you’ll likely need to present proof of insurance.
Covers Your Personal Property
Renter’s insurance policies usually also cover your personal belongings. This may include clothing, jewelry, keepsakes, luggage, electronics, furniture, cars, etc. Many policies will cover specific items up to a certain amount.
You never know what may happen—with rental insurance you know that your property will be covered. Depending on your policy, renter’s insurance can cover falling objects, fire, lighting, civil commotion, theft, smoke, vandalism, snow, ice, windstorm, water damage, and more.
For more information about renter’s insurance, policy plans, and which options would be best for you, contact us at Bear River Insurance. For a free quote or some policy comparison, reach out today!
