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.
