What you need to know about your renters insurance policy.
Renting a house is a great way to have a space of your own without having to worry about all the upkeep that comes with owning the property. However, just like a homeowner, you also have to consider which insurance options will work to keep you and your personal belongings safe. Consider these situations when it comes to finding the right renters insurance policy that will fit your needs.
You have a flood – if an upstairs toilet starts to overflow, it will just be a matter of hours before the water makes its way downstairs. No matter what type of interior flood you experience, you can feel safe knowing that your renters insurance policy will cover any damage the water causes to your assets and home.
You have a fire – a fire can start in just seconds and make its ...
Renter's Insurance and Thefts
If you have ever had anything stolen you know what a hassle it can be. The issues can be even worse if your house or apartment was broken into and you are missing many different items. Along with figuring out exactly what was stolen, you also have to figure out how the thief got into your house. Luckily, investing in the right renter’s insurance policy can help to ensure that you are not left paying for the stolen items out of your own pocket.
While your landlord will have an insurance policy for your home, it will only provide coverage for the structure of the home, not for your belongings that you keep in your house. The only way to protect your personal belongings is to invest in a separate renter’s insurance policy. A renter’s insurance policy will provide liability coverage if anyone is injured while visiting ...