If you live in an apartment or other rental property, then we at Pietila Family Agency strongly encourage you to invest in renters insurance. Your landlord has insurance that covers the building itself, but this policy will not protect your belongings, such as your furniture, electronics, or other valuables, in the event of an emergency. In this article, we will go over a few reasons why you should get renters insurance if you don’t already have this type of coverage.
- Protect Your Belongings – The first reason why we encourage you to get renters insurance is because doing so will protect your finances in the event your belongings are damaged or stolen. If any of your furniture, electronics, or other important items are damaged, you can make a claim to your renters insurance company to cover the costs to replace or repair the affected items.
- Protect Yourself from Liability – Another reason to invest in renters insurance is to protect yourself from liability claims. If someone gets injured while on your property, your renters insurance will pay to cover some or all of their medical expenses, as well as legal fees should they decide to take you to court.
- Get Alternate Housing If Necessary – A third reason to get renters insurance is because this type of policy will pay for you to stay somewhere else if your building should become uninhabitable for any reason. For example, if the building is damaged and needs repairs, your renters insurance policy will cover some or all of the costs of a hotel or short-term rental for you to stay in while repairs are in progress.
We can help you find the right renters insurance for your unique needs. Contact us today to learn more or to get started.