Renters: Don’t learn about insurance the hard way
Renters may not always recognize that they need insurance protection, too. A renters insurance policy can help!
Sometimes, it takes a drastic event to realize the importance of insurance. Unfortunately, many people learn the importance of insurance the hard way. Many people move into an apartment without purchasing renters insurance. Property theft, Liability, additional living expenses can easily be avoided with a standard renters insurance policy.
PROPERTY
The primary purpose of a renters insurance policy is to insure your personal property. The policy covers loss or damage to your personal property while at your residence in the event of a covered loss, such as theft, fire or storm. The policy also covers your property when it is away from your home, for example, if your laptop is stolen or damaged due to a covered peril when you take it with you on vacation.
Carefully consider the amount of coverage you need. It can be overwhelming to create a list of every possession you own after a loss. Be prepared by taking inventory of your personal property and the cost of each item.
LIABILITY
Renters insurance provides more than just peace of mind in replacing your possessions; it also provides liability coverage. Don’t overlook this insurance need. If someone is injured while in your home ̶ even if you don’t own the home ̶ you can still be held liable. You may be responsible for medical bills and could be subject to a lawsuit. A renters insurance policy protects you from the financial consequences of most risks.
ADDITIONAL LIVING EXPENSES
Now, imagine your apartment catches fire and is uninhabitable. Where do you go from there? With a renters insurance policy, you don’t have to worry about moving in with the in-laws. Your policy can pay for necessary increases in living expenses incurred so that your household can maintain its normal standard of living.
Why settle for only one quote from an insurance agent. Bolder Insurance is an independent agency located in Boulder County, we can provide you with renters insurance quotes from a dozen A+ rated insurance companies. Give us a call today and experience the Bolder Difference!
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