Renting a home is becoming more and more common. After the housing market crash, the number of home renters dramatically increased. Renting a home is a great way to have a space of your own if you cannot afford to buy a house. However, just like owning a home, renting a home comes with a lot of responsibility, including making sure that your assets are protected from any unfortunate situation. Investing in the right renter’s insurance policy is the best way to ensure that you are protected from any peril.
There are many advantages of investing in a renter’s insurance policy, including:
- It will protect you and your assets. While you may think that your landlord’s insurance policy will provide enough protection when you are renting, you are wrong. Your landlord’s insurance policy will only provide coverage for the structure of your home, not for what is inside your home. Along with coverage for your personal possessions, a renter’s insurance policy comes with personal liability, medical payments, and additional living expenses coverage.
- It will fill coverage gaps. A renter’s insurance policy will fill any gaps in coverage with your other insurance policies, such as your auto insurance. If you accidently leave your laptop in your car overnight, and it is stolen, your renter’s insurance policy will provide protection.
- It is very affordable. Typical renter’s insurance policies cost around $20 a month and will provide plenty of protection while you are renting a home.
For all of your renter’s insurance needs throughout Northern California, contact Agers Insurance Services in Oakley, California. As an independent insurance agency, we will work with you to ensure that you invest in the right amount of coverage, all at the right price to fit your budget.