When it comes to personal property, renter’s insurance has you covered. It doesn’t matter if you’re renting a house or apartment—unless you have renters insurance, protection of personal property is nonexistent in the event of a disaster.
Any landlord would only be able to protect or insure his own. That is why you need renter’s insurance.
Belongings that may require insurance are as follows:
You should also have replacement coverage instead of actual cash value, since the latter is compensation based on how much the item has depreciated. You can’t determine how much the item was worth before it was destroyed.
Replacement, on the other hand, replaces the item with a new one, based on the current price, without taking depreciation into account. Hence, in any case, replacement coverage is more advantageous for you.
Now that you’ve learned about what a renter’s insurance entails, request a quote now! Fill out the form above and expect a professional agent to entertain you in 24 hours, or on Monday if you send this form during a weekend.