Renters Insurance – Here’s Why You Should Consider It
Reasons Why You Should Consider Renters Insurance Coverage
When we rent a house or apartment, should we think about getting renters insurance in Calimesa, CA? We all know the importance of having homeowners insurance when we are homeowners, but what about when we don’t own the property? It’s common for renters to overlook the importance of renters coverage, however, there are many benefits to securing such coverage. Take a look at why you should consider renters insurance.
What is renters insurance?
Renters insurance is designed to specifically cover the person who rents an apartment, house, or condo, rather than the owner. Renters insurance will help to cover the expenses of repairing or replacing your belonging if they are damaged or destroyed by a covered peril, such as fire, theft or vandalism. There is also liability coverage, which protects the renter if someone is injured or their property is damaged because of the renter.
What does renters insurance cover?
Standard renters insurance policies cover:
- Electronic devices
- CDs, books, films
- Furniture not provided by the landlord
- Other items that belong to you
Alongside property coverage, renters insurance also offers liability cover and additional living expenses. Liability will protect the renter if an accident happens to a guest on the property, and additional living expenses will help to cover some costs if you need to live elsewhere temporarily because your rented space is damaged.
Doesn’t my landlord provide this coverage?
Landlord insurance works quite differently from renters insurance. Most landlord insurance policies cover damages to the property itself and any furniture/appliances that belong to the landlord. In short, a landlord policy will not protect your personal property or liability, which is why we recommend you consider renters insurance.
Are you ready to find the right renters insurance for your needs? Talk to the professionals at Little & Sons Insurance Services, serving Banning and neighboring cities in California. We can help you find the right policy for your needs.