why you need renters insurance
Why Buy Renters Insurance? If you're renting, you may not think you need insurance at all. The management company already has insurance on the property right? Yes, that's true, but many people don't realize that the policy covering the property you live in, will not cover any of your personal property loss or damage. You can be held personally liable for damages to the property caused by your residency. What would happen if:
Fortunately, you can get affordable renters insurance to help protect you in situations like these.
Renters insurance protects your belongings. Some people think they don't have enough property to make a renters insurance policy worthwhile. Take a moment to think about what you own, and what you've got to lose, including:
- The condo you're renting is flooded, your possessions are ruined and you have to move out while repairs are done?
- Your apartment building burns down, all your possessions are gone and you have nowhere to stay?
- A thief breaks into your residence and takes all your valuables?
Fortunately, you can get affordable renters insurance to help protect you in situations like these.
Renters insurance protects your belongings. Some people think they don't have enough property to make a renters insurance policy worthwhile. Take a moment to think about what you own, and what you've got to lose, including:
- Clothing
- Furniture
- TV's and stereos
- Computers, tablets and phones
- Sporting equipment
- Jewelry