If you are a renter, you may wonder if you should have renter’s insurance. Maybe you have never considered it because you have no idea what it covers and what it could do for you. In Sandpoint, ID The Insurance Shop USA has an experienced staff who can help to make the benefits of renter’s insurance clear to you and help you to understand why you may want to get a policy. Here are some of the things that may be covered.
Since you don’t own the building you don’t need to cover the structure itself. However, things that happen to the building can have a devastating effect on you and your possessions. If the place you live is destroyed by fire or a major weather event, you may think that the landlord is responsible for your personal property. You are wrong. If your clothes, electronics and other personal items are damaged and you don’t have renter’s insurance they will not be replaced or repaired. You will have to do that yourself out of pocket.
Temporary living expenses
If your rental is damaged so badly that you can not occupy it, how will you pay for a temporary place to stay? If you have renter’s insurance it should help to pay for a new temporary place to call home until your rental is habitable again.
If someone is visiting you and is injured in your rental they may decide to sue you for damages. With renter’s insurance, you will have liability insurance to protect you.
If something is stolen from your rental or even from your car, your rental insurance should cover it after the deductible.
If you live in the Sandpoint, ID area and are interested in learning more about renters insurance. The Insurance Shop USA will be happy to talk to you on the phone or in the office.