Made simple, quick and Easy
You’ve heard it before, that you need to be responsible for your things, and this is where the renter’s policy comes into place. Renters Insurance is an affordable way, at the time of loss, to protect yourself from the unwanted cost of replacing items on your own, with money out of your own pocket. Having a renters policy in place will allow you to get replacements for your things if something terrible was to happen minus your deductible.
Regardless of whether you’re renting an apartment or you’re renting a house, the landlord or the apartment complex is only responsible for the building. Picture yourself at the doorway; this is where your responsibility begins. Everything that you carry into kitchen, bedrooms, bathrooms laundry room, or anything that you store in your garage that belongs to you. Its everything you will want to cover with your renter’s policy.
Coverage that is included, for when the unthinkable happens:
- Personal property, such as furniture and appliances
- Loss of use, for the cost of extra living expenses
- Personal liability, if you are legally liable for another’s bodily injuries or property damages
Understanding Your Living Needs
A friend shared a story with me about one of the toughest days of his life. He is a landlord who got a call in the middle of the night from one of his tenants. His house was on fire. He quickly jumped into his vehicle and drove over to assess the damages. The first question that he got from his tenant was, when will you be replacing our stuff. What he replied, I couldn’t insure your things because I didn’t own them, this was sad but true. His insurance will only be responsible for rebuilding the house.
To have an insurable interest, you must own the property. Landlords or apartments own the building, so that is what the insurance covers. That’s why it is so essential to make sure that you have a renter’s policy in place for your things.
Every rental agreement is unique, which means extra coverage options are available for different situations. We can guide you through detailed information about what plans are right for you, including personal property replacement cost coverage, identity theft coverage, back-up of sewers and drains coverage, personal computer coverage, and additional coverage for high-value items.
Contact us today to get started on your Renters policy. 317-867-5433