If you’re a tenant renting out a house or apartment, you need renters insurance! Why? While most landlords already have their own insurance plan, their policy only covers the building you live in; however, it does not cover your personal belongings. If your possessions are lost, stolen, or damaged, you are financially responsible for them.
For example, if a burglary were to occur, you would have to pay out of pocket to replace any stolen or broken items, such as televisions, laptops, computers, jewelry, and more. (This can get incredibly expensive!) That’s where renters insurance comes in – this policy would cover the costs to repair and replace your valuable items. Getting renters insurance is the best way you can protect your assets and belongings. Are you interested in getting renters insurance? Go to Budget Insurance Offices, Inc. today to see what plans we have available for you!