Category: Renters Insurance

Renters insurance offers a variety of very important coverage for renters, and yet more than 40% don’t carry the insurance. Insurish LLC in Northville, MI can provide the coverage you need and explain the benefits that it can provide for you as a renter. 

Property content coverage

As a renter, the building is not your responsibility to protect. That is up to the homeowner. You may think that you would have some coverage for your property from the homeowner, but you would be wrong. They only cover what belongs to them, like the hot water heater and appliances, if they are included. You are responsible for protecting your personal possessions. A renters’ insurance policy will cover your clothes, electronics, a limited amount of jewelry, furniture, and more. It covers you when your possessions are at home and when they travel with you. 

Liability coverage

Liability coverage protects you if someone is injured while visiting you or by a member of your family, even a four-legged one. It can pay for medical expenses, for a judgment against you, or for legal expenses. 

Loss of use coverage

When your rental is damaged by a covered hazard, it may not be habitable. You will need a place to stay until it is livable again. With loss-of-use coverage, you will be able to stay in a hotel immediately after the hazard, and if it is going to be a while before the rental is repaired, you will be able to get a temporary rental. Loss of use coverage will even pay for some meals if you are staying somewhere without cooking facilities. 

Reach Out To Us

Contact Insurish LLC in Northville, MI if you are a renter who has need of renters insurance. Stop by the office or give us a call to discuss what we can provide.

When you’re a renter, there are many ways that you need to be protected. Every renter needs to have a renter’s policy to offer that protection. Renter’s policies protect you in a number of ways. Each of them is important to your financial protection and peace of mind.

If you don’t have renter’s insurance yet for your rented home, call us at Insurish, LLC in Northville, MI to talk about the coverage you need. 

Protection for Your Belongings

When you’re renting, you don’t need to insure the actual home. The owner of the home is responsible for having insurance on it. This is in case the dwelling is damaged or destroyed.

What you as a renter need to have is protection for your belongings. The things you own are inside your rented home. They need to be protected against damage such as from specific disasters. It’s never a good idea to go without this protection. If a covered event causes damage or destruction to your things, this insurance can pay for replacements. This can protect you from having to replace everything on your own after a disaster or accident. 

Protection for Liability 

When you’re the renter of the property, you’re responsible for it. When someone has an accident there and has an injury, it’s up to you to pay for it. If you don’t have renter’s insurance, you have to pay out of pocket. This includes paying for the lost wages and medical bills of the injured person. With renter’s insurance, the policy pays for these. It’s easy to never think about liability costs, but if an accident does happen, you need to be insured. 

Peace of Mind

Your belongings and finances are at risk if you don’t have renter’s insurance. For your peace of mind and protection, call us at Insurish, LLC in Northville, MI.