6 Good Reasons To Get Renter’s Insurance

by Administrator 13. October 2014 07:15

If you have recently moved in your rental apartment or are about to rent one you should consider getting an insurance policy to protect your belongings. Although your landlord’s insurance policy will protect your home in case of any damage due to fire or other natural disaster, your personal belongings will remain unprotected. To ensure safety of your possessions and peace of mind you must get a renter’s insurance that provides coverage for your belongings such as home appliances, furnishings, electronics and clothes. Many people underestimate the value of their possessions against the small premium of an insurance policy. Here are some of the main reasons to get a renter’s insurance policy:

  • Affordability: An average renter’s insurance policy is not very costly as compared to the landlord’s insurance. The amount of your premiums would depend on a number of factors such as the type of coverage you need, the policy you choose, the area you live in and the deductibles that you are entitled to.
  • Coverage for personal belongings: With renter’s insurance you can have coverage for your personal belongings such as furniture, luggage, computer, jewelry, electronics and clothes. A usual renter’s policy will protect your stuff against many threats including smoke, theft, lightening or fire, explosion, vandalism, windstorm, ice or hailstorm, riots and falling objects.
  • Landlords need it: Most of the landlords require the tenants to get a renter’s insurance for their personal stuff. They want to ensure that the tenants hold the liability for any damage to their belongings.
  • Liability Coverage: Most of the renter’s insurance policies also offer liability coverage. This provides protection in case someone gets injured while in your property. The coverage helps you pay any medical or legal expenses, if you are sued by the victim.
  • Coverage while traveling: This policy will cover your belongings even if you are away from home. Your possessions are protected against the risk of damage or theft while you travel and are anywhere in the world.
  • Additional expenses: If your home has suffered severe damage and you have to stay somewhere else, renter’s insurance will pay for your incurred cost associated with food, laundry and hotel stay.

We, at Shawn Camp Insurance Agency, Inc, offer the best renter’s insurance policies to our clients according to their needs and requirements. For more information, call at (254) 526-0535 or visit us at 2705 E. Stan Schlueter Loop, Suite 101 Killeen, Texas 76542.

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