Are you renting a home or apartment? Do you have renters insurance?
What would you do if the ceiling in the place you are renting was damaged by wind or hail in a storm? The answer is obvious, you do not have to worry about it, it's your landlord's property and he/she will look after it. Right?
But what if your personal belongings were damaged? Where will you stay during the ceiling is being repaired? Do you have enough time and money to relocate? If you don't have answers to these questions, then its time to buy a renters insurance policy.
Be prepared for tomorrow, buy renters insurance!
Your landlord's policy does not cover any of your property. Below is a list of frequently asked questions:
- Covers personal property loss - Your renters' insurance policy covers damage and destruction of your personal assets and valuables, in case of perils like fire, theft or wind from a hurricane.
- Liability Protection - Injuries that occur on your property can cost thousands of dollars. Your renters insurance policy covers liability protection against accidental occurrences (For example a visitor slipping on your wet kitchen floor and breaking an arm) that happen at the place you are renting. Renters insurance will pay the medical bills and will also pay for legal fees if the other party tries to sue.
- Temporary Relocation - The renters insurance policy covers the added costs of having to relocate while the landlord makes repairs to his/her home. The renters insurance companies reimburse your hotel bills, temporary rental expenses, documented eating bills and other daily expenses, which are sustained while the residence is being reconstructed.
How much does renters insurance cost?
It depends on the amount of personal property you have, but most people can get a renters insurance policy for $5 per month! It is important to compare renters insurance quotes offered by different companies.
RentersInsurancecc.com offers free renters insurance quotes. Simply fill out a form and receive multiple quotes in minutes. Once again, shop around, get multiple quotes, and learn all you can about a policy before you buy renters insurance. Start now by getting a free quote on renters insurance!