It seems like every time you talk to someone about renters insurance, they don’t think that they need it. After all, they don’t own the property, and the landlord’s insurance should cover them, right? Not quite.
If your plan is to have your landlord’s insurance cover you for any potential disasters, it’s not a very good plan. Insurance coverage for property owners is designed to protect only their property. If you cause damage to the home, if your things are stolen, or destroyed by an act of nature your landlord would not be responsible for damages, nor would their insurance. The truth is renters insurance is as essential to a renter as a homeowners policy is to a homeowner.
Liability Coverage. Renters’ policies contain liability coverage similar to a homeowner’s policy. This will protect you if someone is injured while in your home and in the case of a dog bite. Liability coverage saves you from having to pay for costly medical care.
Theft. You may think that your possessions aren’t worth much, but ask yourself if you could replace all of your belongings today if they were stolen from you. Your policy will even cover theft of your belongings while you’re traveling or out of your vehicle.
Fire/Disaster Coverage. Even if you can cover the cost of replacing the things that may be stolen from you- what about every single possession? Your furniture, your electronics, your clothes? If a fire were to destroy all your belongings, a renter’s policy would help you replace everything. Even more beneficial, a renter policy could help you handle the cost of finding a new or temporary place to live if your place becomes uninhabitable.
Cost. Renters policies are very affordable. It’s incredibly easy to get coverage and it can even be bundled with your car and life insurance coverage for even cheaper rates. Considering how affordable this valuable coverage is, it simply doesn’t make sense to not have the coverage you need.
Donahue-Stangle-Brown Insurance Agency is an independent insurance agency that represents several insurance companies here in Ohio since 1948. Let us do your insurance shopping for you. We quote you with multiple insurance companies. This allows us to provide you with the best coverage at the best price point. We offer a wide range from auto insurance,home insurance, business insurance, business auto insurance, life insurance , annuities and farm insurance. Please contact one of our professionals today at 740-998-5544 in Frankfort or 937-981-2272 in Greenfield. You are also welcome to contact us via EMAIL.