Renters insurance is rarely required. But Allkane Insurance understands it’s important.
Even if you don’t own a home, these policies protect your possessions. It’s an investment in safety, security, and peace of mind.
Serving Stamford, CT, Allkane Insurance knows that renters insurance is valuable. The agency shares five reasons every renter should purchase a policy of their own.
Landlord’s policy isn’t enough
Yes, any landlord will have their own policy. However, many renters will incorrectly assume that they are covered under this plan too. In fact, the policies safeguard the physical structure of a building only. Renters insurance is needed to fill in this glaring gap in coverage.
Renters insurance protects any belongings inside. Furniture, appliances, electronics, and any other valuables may all be included. Your policy will reimburse if something is destroyed, damaged, or stolen. Every policy has a limit, so conduct an inventory to determine how much coverage you need.
Most insurance plans have liability. If an accident occurs where you are at fault, this coverage kicks in. Bodily injury or property damage are covered. Any potential medical costs and legal fees that result from an incident are also included.
Pay additional living expenses
Also called "loss of use," your renter’s insurance likely includes reimbursement for any extra expenses if you are forced to temporarily relocate. Although every policy is unique, it usually pays for meals, travel, and any new lodging.
Contact an agent serving Stamford, CT
With so many benefits, renters insurance is a must. Don’t delay. Call Allkane Insurance today.