If you are a renter, you don't have to ensure that the dwelling stays protected. The property owner typically has home or condo insurance on the house, and they are responsible for paying for that policy. However, renters need to have a policy of their own. Renters' insurance protects you in several different ways, and it's vital that you carry it while you rent. Contact us now at Allen Empire Agency in Nevada to get a renters' policy.
One of the types of coverage that you get with renters' insurance is protection for your possessions. Everything inside your rental can be protected by your renters' policy so that they can be replaced if something serious were to happen to them. You can also get rental insurance for storage lockers. This protects everything inside the rental space against several possible risks.
Another form of coverage you get with these policies is protection against being held liable for accidents and medical bills. If you had someone enter your home and somehow had an accident there that resulted in injuries, you could be made to pay those bills. Because medical bills can be so high, it's smart to have this coverage just in case an accident happens.
Renters' insurance doesn't protect the home itself, but it does protect you and your belongings from liability and loss. If something significant were to happen to your rented home, your policy would pay for you to move in and live somewhere else until your rental was inhabitable again. This can be important after certain accidents and disasters. It can even pay you for your living expenses while living in the new place.
If you are renting your home, it's important to carry a renters' policy. Call us at Allen Empire Agency in Nevada to get started with a quote.
