What Does Renters Insurance Cover?
Get Three Essential Types of Financial Protection from Renters Insurance
While you may not own the property you live in, it is certainly much more than a roof over your head. Many lifelong memories will be made there, everyday events will play out there, and almost everything of value to you will probably be kept there. So, it’s vital to ensure that you have the right coverage to protect all of the people and things that will come in and out of your apartment.
Of course, your landlord or the property owners are required to have insurance, so you might wonder why that’s not enough protection for you as a tenant. However, a landlord policy is only designed to cover damages to the physical structure of their building, not to any of your personal property inside your unit.
What you need is a personal renters insurance policy. This coverage provides you with the following three essential types of financial protection:
While these are the three essential coverages that you should have in your renters insurance policy, there are many other additional options that insurers offer. Removal of debris, fire department service charges, credit card forgery, and more might be smart to include in your renters insurance policy and could save you money in the long run.
As you can see, there is a lot to think about when it comes to getting the renters insurance that accurately fits your unique needs. Price shopping online for a policy may not be the best way to ensure you get the comprehensive coverage you need at the competitive rates you desire.
When you work with a local, knowledgeable insurance agent like Gilbert, you will get help finding the renters insurance policy that properly safeguards you and your things, meets the requirements of your landlord or property management company, and that probably saves you money. That’s because we have access to multiple insurance carriers who offer a variety of renters insurance discounts, including a very popular bundle-and-save option. This discount could lower your insurance premium by 15% or more when you combine your renters and auto insurance policies with the same carrier.
To learn more about what renters insurance covers or for a free renters insurance quote, please call us at (781) 942-2225. You can count on us to respond quickly with affordable and quality renters insurance options for your new home.