Whether you are renting an apartment as a college student living in an off-campus apartment or a family renting a house, you want to make sure that your own property is protected. This is where renter’s insurance comes in.
There are a number of reasons why you may want to have renter’s insurance. It can be overlooked but it can save you a lot of money if something were to happen to your belongings. You may not be required to have coverage at the state level, but your landlord may require you to have renter’s insurance in order to live in the rented home. Your landlord’s insurance doesn’t cover your belongings. Your renter’s policy may even be able to cover your belongings when away from your home. For example, if your laptop is stolen out of the car then you may be able to file a claim on your policy. Many policies are affordable so it’s worth the extra cost to save you a lot of money in the long run. You are able to take out a policy at any time, regardless of when you first signed the lease. Speak with an agent at Alling Agency LLC to see if you are able to combine your renter’s policy with other insurance to make it even more affordable.
Not only does a renter’s insurance policy protect your belongings but it can also protect you from lawsuits if you accidentally injure someone or someone suffers property damage because of you. If damage from a loss forces you to move out of your rented home then your renter's policy can cover the additional living expenses you have when you are not able to live in your home. If you have a roommate, you need to make sure his or her name is on the policy. This is because there will be no coverage for their belongings if their name isn’t on the policy.
Contact Alling Agency LLC to get a quote on renter’s insurance.