- On January 20, 2016
Renting relieves you of many costs and burdens that come with ownership. That may be why renters lose sight of the importance of insurance. The reality is, however, that renters insurance protects against a number of scenarios that could result in everything from inconvenience to significant property loss.
If you think it is an unnecessary expenditure, consider these reasons you should purchase renters insurance for your apartment.
- Theft. While you don’t own the structure, all of your most valuable items are likely kept inside your apartment. The theft of these items (like electronics, furniture, clothes, etc.) is covered by renters insurance up to your coverge level. (Additional coverage can be purchased for those items you believe warrant it.) Renters insurance also covers items while you are off premises. This means you will receive payment for when your laptop is stolen from your car or luggage is taken while you are traveling. Remember that auto insurance rarely covers personal items left inside the vehicle, so renters insurance fills an important gap.
- Fire. If your apartment is damaged by fire or smoke, renters insurance will pay for you to stay in a hotel or other place while it is being repaired as well as for the lost items.
- Water Damage. A busted pipe can cause a lot of damage and your landlord’s insurance typically doesn’t cover personal belongings. Renters insurance will play for repairs and/or replacement.
- Personal Injury. What happens if someone is injured in your apartment? Renters insurance provides liability coverage to pay for the injured person’s medical bills and any lawyer bills or settlements.
While renters insurance is clearly a valuable item to purchase, it is also inexpensive (sometimes only a couple of cents a day). Contact JDA Insurance about your desired coverage and protect your valuables and state of mind today.
JDA Insurance Group is an Independent Property & Casualty / Health Insurance Company servicing Florida families and businesses. Our mission is to deliver competitive insurance rates and programs, along with industry-leading customer service. The JDA Insurance Group offers its clients the resources of our largest competitors, with the accessibility and personal care of a local business. If you would like to find out more about renters insurance or request a quote, please contact us or call 561-296-0373.