There are advantages to being a renter…

As a renter, you’ve got it pretty good: No property taxes, no lawn cutting, no snow removal … Just simple living!

But what would you do if you returned from work, or a vacation, and all your possessions in your apartment had been destroyed by a fire? Or if there was a break-in and some of your most expensive stuff was stolen?

You may think that the building owner’s insurance will take care of all the damage caused by a fire.

It doesn’t.

 

The Cost Of Replacing Your Stuff

If you’ve considered it all, you might think that the “stuff” you have accumulated isn’t worth that much. It may or may not be worth anything from a dollar amount, but that’s very different compared to how much it would cost you to replace it. Buying a new bedroom set, clothing, or a computer can cost much more than you think—especially if your current ones are older or out of date.

You’ll be surprised at how affordable renters insurance can be. Besides covering all your stuff, it covers you from being held liable for if someone hurts themselves while they’re in your home. So in the unfortunate event you’re sued, and the judgment goes against you, the renter’s policy will cover you up to the policy limits.

Do you need renter’s insurance?

 

You may think your stuff is covered by the landlords insurance, right?  No sir, think again. You need renter’s insurance to protect your personal property from things like theft, vandalism, fire, and falling objects the minute you begin renting.

There are over 81 million people who rent their homes and nearly half of them are uninsured!

Your landlord may have insurance that protects the physical building in which you reside, but this insurance will not cover your personal property. In fact, it’s not at all uncommon for landlords to require the purchase of renters insurance prior to renting or leasing.

Not only will renters insurance protect your personal items, it will also give you help with temporary housing and liability protection. Did you know that renters insurance can help protect you in case of a liability lawsuit against you? This could occur if you are responsible for:

  • Injury to another person- (perhaps a skiing or hunting accident)
  • Damage to another person’s property – (you ran into a car on your bicycle!)

Knowing your options will help you choose the best policy.

What’s covered?

Can you imagine replacing everything you own. What if you came home tomorrow and your apartment had burned down? Where would you go? How would you pay to replace your clothing, furniture, and appliances? Renters insurance covers all of these.

And what about your TV, stereo, small appliances, sports equipment, cameras and photography equipment, furniture, clothing, kitchen items, and books. Items such as computers, jewelry, and firearms are also covered.  A renters policy includes:

  • Personal property protection- your stuff
  • Family liability protection – those unexpected sporting accidents
  • Guest medical protection- someone gets hurt while visiting
  • Additional living expenses – gotta stay somewhere while they clean up the damage

 

Get a Renters Insurance Quote Today!

Don’t be left in the dark without coverage.  Fill out the quick and easy Protection Savings Form right now. An Insurance Services of Idaho, LLC expert will provide you with a quote in no time.