3 Added Benefits Of Renter's Insurance

Insurance Blog

If you are temporarily moving to an apartment while you are in between selling your home and buying another one, you will have the option of purchasing renter's insurance for the apartment you rent. While this is not typically mandatory to have, it is highly beneficial, as insurance is designed to cover the unexpected things in life. Not only will renter's insurance cover the things you store in your apartment, but it is important to understand that your policy will also include the following three added benefits.

Coverage for Things You Take with You

The first thing to know is that when you purchase renter's insurance, it not only provides coverage and protection for the things you have in your apartment, but it will also protect things you carry with you or use away from home. Do you ride a bike to work? If so, your renter's policy would likely cover the costs if someone took the bike while you were at work. If you carry a computer or other electronics to work and end up losing them or getting them stolen, your policy would cover these things, too.

Coverage for Things in Your Storage Unit

Secondly, if you are living in an apartment because you are in between houses, there is a good chance you may have a storage unit that you are using to store a lot of your personal possessions. If so, guess what? A renter's insurance policy would also offer protection for these things. If the unit was damaged or robbed, you could file a claim with your renter's insurance policy for the damages you experienced, and they would cover these costs, even though the items were not in your apartment when the damage took place.

Coverage for Identity Theft

Additionally, it is not uncommon for a renter's insurance policy to offer coverage for identity theft. If, for example, someone broke into your apartment and stole a credit card you had in there, the insurance company might offer assistance with helping you fix the problem with your credit and avoid having to pay the expenses for the charges the person made on your card.

Having the right coverage when renting an apartment can protect you in ways that you may not have even thought of. If you are interested in purchasing a policy, even if it is just for a few months, contact an insurance agency that sells homeowner's insurance and renter's insurance.


23 July 2019

Feeling Secure about the Future

Do you constantly fret about your future? Perhaps, you worry about what might happen to your significant other and kids if you suddenly passed away. If you can relate to this scenario, obtaining a life insurance policy might help you get the peace of mind you desire. Depending on your unique situation, you might benefit from acquiring a term or whole life policy. A trusted insurance agent can listen to your needs and help you figure out what type of policy will be best for you. On this blog, I hope you will discover the numerous reasons you should secure a life insurance policy sooner rather than later. Enjoy!