If you rent an apartment, condo or house, you want to make sure your belongings are insured. Should there be a fire, vandalism or other unexpected incident, it's important that you have a way to replace the items that you've worked so hard to obtain. Many people choose to skip renters insurance, but here are a few reasons why you should purchase it:
1. It's very inexpensive. The amount you pay will seem minor compared to what you would need to re-invest if you lost all your personal belongings.
2. Your things are not covered under your landlord's policy. Yes, the landlord probably has a policy that covers the structure, but that doesn’t cover what is inside the building.
3. It covers you even when you're not home. You may feel like you're home is safe, but thieves could still attack your car. Or you might be the target of a vacation robbery. Many renters insurance policies cover these situations, which are more common than you may think.
4. We live in a litigation-happy culture. A visitor trips on your front steps or gets burned by hot water in your bathroom sink. The next thing you know, you're being sued. It's not just the landlord who could be held liable for these issues, so it's best to protect yourself with a renter's policy.
You may not think your belongings are worth very much, but the costs do add up quickly if you need to replace them. A renters insurance policy is usually less than a couple of hundred dollars per year; this cost is well worth the peace of mind it provides.
Get the coverage you need. Call Remco Insurance for more information on renters insurance