Here’s why you need renters insurance.
Today, it’s more common to rent a home or apartment than it is to buy one. If you are currently renting, it’s important that you have the protection offered by renters insurance. Not sure what renters insurance can do for you? Here’s why investing in this type of insurance is worth it.
Protection
Much like homeowners insurance, your renters insurance can protect your personal belongings if they are damaged or stolen. Additionally, renters insurance also offers liability coverage. For instance, if a visitor were injured while at your residence, your renters insurance would cover the cost of their medical expenses. Finally, renters insurance also covers additional living expenses. This means that if your rental home is temporarily uninhabitable, your insurance will cover the costs of living elsewhere while your rental is being repaired.
Affordability
Renters insurance is one of the most affordable types of insurance out there. Costing mere cents a day, there’s no reason why you should not have the protections offered by renters insurance. Additionally, if you bundle your renters policy with another existing insurance policy (such as an auto or life policy), your insurance premiums will be even lower.
These are some of the reasons why you should have renters insurance. If you have more questions regarding renters insurance coverage, don’t hesitate to contact the experts at Weaver & Associates. Located in Arcadia, California, our knowledgeable team is ready to assist you with all your insurance needs today.
