2. Offers Liability Coverage
If an individual sustains an injury on rented property and threatens a lawsuit against the tenant, those that are uninsured face the issue of paying for their own legal fees. The added financial strain of dealing with a lawsuit can be very tricky for tenants. Renter’s insurance can cover all fees associated with the claim, including court and legal fees.
3. Requirement By Landlord
As renter’s insurance begins to take more precedent amongst landlords, it is now becoming more and more common for landlords to request the renter purchase an insurance policy before moving in.
4. Living Expenses Coverage
If sudden damage were to occur to the rented property, uninsured tenants take full financial responsibility when finding a temporary home to live in while the property is getting repaired. With renter’s insurance, a tenant is protected and covered at all times. The policy can cover the expenses for a temporary place of residence until the rented property has been restored and repaired.
How We Can Help
Let us help you get the peace of mind you need to protect yourself and your belongings. Our team can help you find the right policy for your financial needs. Visit our website to discover more about our renter’s insurance policy or contact us today to get a quote!