The short answer is yes and the long answer is yes!
Renters insurance is for:
-Replacing your belongings in case of loss.
-Covering injuries or damages you cause to others.
-And can help with living expenses like extended stays in hotels or temporary housing.
Many people think that the insurance a landlord carries also includes their stuff. However, your typical landlord policy is only for replacing the building and attached fixtures, not for any personal items. It’s also common for renters to assume they don’t have enough belongings to require insurance, but it can add up fast. For example, renters insurance will generally help cover your personal items like clothing, electronics, but also your dining room table, couch, chairs and other items.
If you lost everything today, would you have enough funds to replace it all at one time? If the answer is no, then you definitely need renters insurance. For a relatively low monthly cost, you can rest easy knowing that the risk of losing all of your items is covered. This alone can help turn a tragedy into a difficult yet manageable experience.
What does renters insurance NOT cover?
-Earthquake
-Flood
-Pest Infestations
-Roommate Belongings
Renters insurance won’t cover everything, but a renters policy is designed to cover the most common risks. And help provide you with temporary housing until repairs or replacement can be made. For Evansville, IN renters insurance is affordable, its simple to get started, and should be an essential component to your financial planning.
Give me a call today at 812-489-0168 to get started.
