Are you wondering if you need insurance even if you are only renting your home or apartment? Well, the answer is YES.
Renters insurance provides financial coverage against the loss or destruction of possessions for those renting a house or apartment. Renters insurance covers only the value of your belongings, not the physical building you are living in as a tenant. In the event that something should happen to the building, the landlord’s insurance usually does not include coverage for your belongings within the structure.
By purchasing renters insurance, your possessions are covered against losses from fire, smoke, lightning, vandalism, theft, explosions, windstorms and water damage (not including floods). Like homeowners insurance, renters insurance also covers your responsibility to other people injured at your home or elsewhere by you, a family member or your pet, and pays legal defense costs if you are taken to court.
Contact one of our knowledgeable insurance agents for more information about renters insurance.