How Renters Insurance Can Serve You
As a renter, you may not think you need an insurance policy to protect your living situation. After all, your landlord has insurance, right? While your landlord definitely should have coverage for your rental, his or her policy will only offer protection for the building itself. In order to protect your belongings, your liability, and ultimately your financial future, you need renters insurance. Here is a closer look at how this policy can serve you.
- Your Belongings Have Value. Your landlord’s policy might protect your building, but it does not protect its contents. That means that if a fire swept through your rental, you would need to replace or repair all of your personal property. That is, unless you have renters insurance. This policy can step in to help cover the cost of replacing your belongings, including furniture, technology, and other valuables.
- You Could Be Held Liable. If someone gets injured in your rental, they could sue you for the damages. Are you in a position to handle legal fees, medical expenses, and a costly settlement? Fortunately, with a renters insurance policy you never have to ask that question. Your coverage will protect your liability.
- You Can Afford It. This may all sound well and good, but you might not be in a position to buy a pricey product. Fortunately, renters insurance is one of the most affordable coverage options out there! Generally, these policies cost less than $20 a month.
If you want to talk to an expert about how this affordable insurance product can protect you and your quality of life, contact The Misner Agency. Serving Bloomingburg, Livingston Manor, Westtown, Woodbourne, and the rest of New York, our knowledgeable team is here to help you get the right renters insurance policy to cover your unique situation. Call us today!