Nowadays, it’s far more common for people to rent a house or apartment than it is for them to buy their own homes. If you are currently staying in a rental, then it’s important that you have the protections offered by renters insurance. Not sure why this type of insurance is so important? Here are some of the reasons why you should consider getting renters insurance.
The main reason why you should get renters insurance is because it offers various protections will benefit you. For instance, renters insurance will protect your personal belongings from damage or theft. Additionally, a renters policy will also offer you personal liability coverage. For example, if someone was injured in your residence, then your renters insurance would cover the costs of their medical fees. Renters insurance also provides coverage for additional living expenses. This means that if your rental was damaged and uninhabitable, then your insurance would cover the costs associated with living elsewhere until your rental was repaired.
Renter insurance is one of the more affordable types of insurance out there. Adding up to mere pennies a day, there’s no reason why you should not have the protections offered by renters insurance. Additionally, bundling your renters insurance with another existing policy (such as auto or life) can lower your premiums even more.
These are some of the major reasons why you should consider getting renters insurance. If you need assistance with your personal insurance coverage, then don’t hesitate to contact the experts at Mike Leonard Insurance Agency. Our dedicated team is eager to find you the right coverage from one of our many carriers including: Kemper, MetLife, Travelers, The Hartford, Safeco Insurance, Progressive, and American Strategic Insurance. Don’t worry, we’ve got you covered.