When it comes to rented living spaces, it’s not just the landlords that need insurance coverage. If you are currently renting an apartment or even a home, it’s in your best interest to invest in an insurance plan made just for renters.
Rather than relying on any basic coverage that may come with your rented property, it’s in renters’ best interest to purchase additional coverage. Renters insurance plans protect you in unexpected situations, including fire, theft, water damage and so forth; with the national average of renters insurance working out to less than $14 a month, renters insurance is one of the most affordable and important insurance packages you can purchase if you live in an apartment or rented home.
Consider the protections that renters insurance offers:
1. Personal Property Protection: Renters insurance offers financial assistance if you have to replace any stolen or damaged items on your property – from furniture to computers to clothing – that result from a fire, windstorm, lightning, theft or vandalism.
2. Liability Coverage: Accidents happen. Whether you accidentally cause damage in your rented space, to your neighbor’s space – or even accidentally cause harm to a guest or neighbor – renters insurance covers your personal liability damages.
3. Loss-of-Use Coverage and Living Expenses: Disaster can leave an apartment or rented home temporarily uninhabitable. People with renters insurance are provided living expenses for temporary relocation in these situations.
While some apartment complexes offer insurance programs to residents, it never hurts to get a third set of eyes to evaluate your coverage and make sure that it’s just right for you, as well as help you find the right insurance plan if you don’t have one yet. We highly encourage all renters to inventory their personal belongings and to meet with someone on our Fisher Widmann Flick Insurance Agency staff.
Based on your feedback and on the risk factors of the area you live in, we can help you find or even customize the perfect renters plan for your needs. Whether you live in the Johnstown area or even in Blaire County, Cambria County, Somerset, Latrobe, and any other nearby counties, our local contacts will always be there to help you.
Don’t spend another day living in an unprotected apartment or rental home – contact us now!