Renters Insurance coverage for just pennies a day. Most people might think that they don’t need insurance for renting because the owner of the building has insurance. While this is true the owners insurance covers the building not what you own inside of it. It won’t cover the loss and of damage of your personal belongings.
Is it surprising to know that on average renters purchase approximately $35,000 in coverage for there personal possessions. Perhaps you feel that you don’t have anything worth insuring, or perhaps you feel that it wouldn’t cost that much to replace your belongings if something were to happen.
Could you afford to replace your entire wardrobe, or that of your partner or children. What about the computers, gaming systems, ipod/mp3, dvd, blue ray, stereo, beds, dressers, side tables, sofa, entertainment center, dvd/movie collection, video games, coffee table, dining table and chairs, towels, washer, dryer, small kitchen appliances, and more. As you can see when you start taking inventory your personal belongings can really add up.
There are two main types of coverage that are included in our renters insurance policy.
Property: This will protect your contents
Liability: This will protect you financially against costly claims and lawsuits.
Here in the northwest we have weather that can cause damage that we must take into consideration that other places with warmer climates don’t have. Every year we hear of damage caused by falling trees, pipes freezing, and wind damage not to mention the damage caused by the weight of ice and snow.
Other damages can be caused by fire, lightening, smoke, falling objects, Explosion, power surge, vandalism, theft and more. Though we would never want such damage to happen we must prepare for when they do. The cost of renters insurance is less than you might think. On average is the same as purchasing a DVD each month. Isn’t protecting your belongings worth the price of a DVD? If you have an auto insurance policy with us your cost could be even less.We would like to help you to protect your property. Give us a call or fill out the form.