Protect your personal belongings with renters insurance from our partner Homesite Insurance Group.
Renters insurance protects your personal property. If you rent your home, whether it's an apartment or a single-family dwelling, renters insurance can protect you if disaster should strike.
One of the most common mistakes that renter's make is assuming their landlord's insurance policy will cover them. Unfortunately, that's not the case. The landlord's insurance policy covers the building itself, but not any of the contents, including all of your personal property. That's where your renters insurance policy comes in.
How renters insurance works
Renters insurance protects your belongings from loss or damage due to perils including fire, windstorm, burglary, smoke, hail, theft, and vandalism. No one wants to think about losing everything in a disaster, but with policies typically starting around $20 a month, renters insurance provides affordable protection for you and your family.
If the worst should happen, could you afford to replace everything? The cost of buying new computers, TVs, furniture, and clothing adds up quickly and can be a devastating financial loss. Depending on the type of policy you purchase, if your property is damaged due to a covered peril, your renter's insurance policy will
reimburse you either the actual cash value or replacement cost value of your lost property. Considering that policies typically start at less than $1 a day, renters insurance is an incredibly inexpensive way to protect your financial future and give yourself a little piece of mind.
And if your home should become uninhabitable due to a covered peril, most policies will help you with temporary living expenses while your home is being repaired.
In addition to protecting your personal property from loss, a typical renter's insurance policy also provides coverage in case someone should slip and fall or get hurt in your home. This personal liability insurance can help cover the medical expenses of third parties and legal bills for defense against claims.
Renters insurance is one of the most affordable insurance policies available. Get a quote today!