| Do you rent? Don’t have Renters Insurance because you don’t think your belongings are worth enough to insure? Even the smallest studio apartment can have things worth thousands of dollars of personal property. Even if your landlord does not require it, you may want to purchase renters insurance. Renters insurance covers losses to your belongings as a result of fire or theft. Renters insurance is one of the most overlooked and inexpensive forms of insurance. . In most cases, renters insurance costs less than $350 per year for $50,000 coverage. Often called a "Tenant's Package Policy". Renters insurance also covers you if there is property damage to the landlord's property or to yours. Once you obtain renter's insurance, it is helpful to provide the landlord with proof of purchase. Additional living expense coverage provides you reasonable reimbursement for expenses above normal rent in the event your home or apartment is uninhabitable. Did you know that you are responsible for reparations to anyone who is injured by you or your belongings if that injury takes place on your property, even when you’re renting. Reparations can include paying for the injured party’s medical bills and loss of income. Don’t end up worrying about what you’re going to do and insurance your apartment today with Renters Insurance |
