Renters Insurance

Renters Insurance covers your personal belongings in case of theft, fire, or other covered losses. It can also provide liability coverage if someone is injured in your rental unit.

This insurance is not a requirement, but it is a wise investment for anyone who rents their home. It can help protect you from financial losses that could be devastating.

Renters Insurance

What Does Renters Insurance Cover?
  • Personal belongings: This includes furniture, electronics, clothing, and other personal items.
  • Liability: This covers you if someone is injured in your rental unit and you are legally responsible.
  • Additional living expenses: This covers the cost of living elsewhere if your rental unit is damaged and you are unable to live there.
  • Medical payments: This covers medical expenses for people who are injured in your rental unit, even if you are not legally responsible.
What Does Renters Insurance Not Cover?
  • The building itself: This is covered by your landlord’s insurance.
  • Floods and earthquakes: These are typically excluded from renters insurance policies.
  • Intentional damage: If you intentionally damage your own belongings, renters insurance will not cover it.
  • Wear and tear: Renters insurance will not cover damage that occurs over time due to normal wear and tear.
How Much Does Renters Insurance Cost?

The cost of renters insurance will vary depending on the amount of coverage you need, the value of your personal belongings, and your location. However, it is typically very affordable.

How to Get Renters Insurance?

You can get renters insurance from most major insurance companies. You can also get it through your landlord or a tenant association.

Is Renters Insurance a Good Investment?

This type of insurance is a very wise investment. It can protect you from financial loss in the event of a covered loss. It can also give you peace of mind knowing that you are covered.

If you are renting, I highly recommend getting renters insurance. It is an affordable way to protect yourself and your belongings.

Contact us @ 718-878-6484 to further discuss.