Renters Insurance

For approximately the cost of a delivered pizza dinner each month, renters insurance can protect your personal belongings and save you from legal or medical expenses associated with an accident in your home.

Renters should go around their residence, room by room, and take full inventory of their belongings before making a decision. It’s not just the big ¬≠ticket items, like electronics and appliances, but the clothes, bedding, knick-knacks and food, too.

Along with evaluating how much your belongings cost, it’s important to consider how much you personally value those items. In some situations, how much you care about your belongs may override cost in your decision to take out a renters insurance policy.

It is also important to consider your personal liability. Accidents, such as a flood in your apartment, may damage other tenants’ property and can be costly. Renters insurance can protect you from these situations and help cover those unexpected costs. For example, if your bathtub overflows and water seeps into the apartment below, damaging your neighbor’s furniture or rug, your renter’s policy will cover the damage up to your liability limits.