5 Reasons you need renters insurance in Stamford, CT

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.

Protect possessions

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.

Offer liability

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.

Why should I get renters insurance in Stamford?

If you are a resident of the Stamford, CT area, you will have many housing options. For many people who move to this area, renting a home can be a preferred option. For those that do decide to rent, getting the proper insurance is important. There are a few reasons why you should get a renters insurance plan when you are in this area of the state. 

To Get Valuable Protection

The main reason that someone should get a renters insurance plan when they are in this area is to get valuable coverage and protection. If you invest in a renters insurance plan, you will get coverage for your personal assets and liability risk. This type of insurance could be beneficial if there is ever a fire or other form of damage or an accident in your rental property that results in a liability claim. 

To Comply with Lease

Someone who will rent a home here should also get renters insurance as it will help them comply with their lease. A renters insurance plan offers great protection for the tenant, which ultimately protects the landlord as well. Due to this importance and value, most landlords will require that tenants obtain a full renters insurance plan before moving into a new home. 

If you would like to get a renters insurance plan and are in the Stamford, CT area, it would be a good idea to call Allkane Insurance. The team with Allkane Insurance understands the importance of having this insurance coverage. Our team can then give you the support you need to choose a new policy that will properly protect you and ensure you are in lease compliance.