Do I Need Renter’s Insurance?

It’s a tragic story we’ve all seen too many times. You’re scrolling through your social media feed and mixed in between the pet photos and birthday wishes, you see a gut-wrenching story of a family who has lost everything.

A fire in the middle of the night has destroyed the home they rent and everything in it. The family escaped unharmed, but all of their clothes, electronics, food, children’s toys, and furniture are gone.  Now there is a fundraiser on one of the popular crowdfunding sites to help this family get back on their feet.  Thank goodness these sites exist so that communities, families and friends can support people in their times of need, but there is another, easier way to avoid this calamity.

Doesn’t my landlord’s insurance cover my belongings?  Most apartment complexes and landlords only have insurance that covers the damage to the actual dwelling but none of their tenant’s possessions.

What does Renter’s insurance do for me?  A simple, inexpensive Renter’s policy is all it would take to prevent another one of those heartbreaking fundraisers from being necessary. 

A renter’s policy is an affordable way to protect your personal belongings in the event of an unexpected disaster like a fire or a break-in.  It also pays for temporary living expenses such as hotel and food if you must relocate while your home is being repaired or until a new one becomes available.  Additionally, Renters insurance provides personal liability coverage to protect your finances in the event a guest is injured at your home or by your dog, both of which are all-too-common.

How much will it cost?  If you’re wondering if a renter’s policy is right for you, call your agent or give us a call for a quick, no-obligation quote.  For less than $1 per day, you’ll have peace of mind knowing that you and your family’s belongings are secure.