Whether you are renting a home or an apartment, it’s important to consider investing in renters insurance. However, you might feel less inclined to do so if you believe any of the most common misconceptions about this type of insurance. Here are three of the most common misconceptions about renters insurance debunked.
- My landlord’s policy covers everything: While your landlord likely has home or property insurance to adequately cover the property itself, that policy will not cover any items inside the property, any injuries or incidents that happen in or on the property that aren’t directly caused by the property itself, etc. You will want to get renters insurance to cover any loss of your personal items in the case of a theft, flood, fire, or otherwise.
- It’s too expensive: Another common misconception about renters insurance is that it’s too expensive. You can leave it to us to find the best and most affordable insurance policy for your budget and needs. You will also find that the cost of insurance is far less than paying for lost items, temporary housing, repairs, etc., completely on your own.
- It isn’t necessary if I’m careful: This is another common misconception about renters insurance. Even if you’re careful to lock your doors each night and when leaving the house to prevent theft incidents, this cannot protect you from natural disasters that could cause damage within the rental property. It’s also common that landlords require you to have renters insurance before signing the lease.
If you are searching for the right policy or need answers about your policy, you can turn to us at Pietila Family Agency. Contact us today to learn more.