Renting a house is a great way to have a beautiful home when you are unwilling or unable to obtain a mortgage. One of the most significant decisions most new renters face is deciding whether or not to get renters insurance. This is actually a quite simple decision. There are just too many benefits to acquiring renters insurance that can’t be ignored. These are the four most significant reasons why you need to get renters insurance as soon as possible.
Renters insurance protects you and your personal belongings from theft and unintentional damage. This is vitally necessary because your landlord’s home insurance does not provide you with any protection. Renters insurance is the only way to get your belongings replaced after a robbery, fire, or another major disaster. Not only does it protects your belongings, but insurance will cover an accident should someone hurt themselves while in your home.
You may not realize it, but the landlord probably requires you to have renters insurance. Some landlords will ask for proof of insurance, but others will just expect you to get in on your own. Most landlords require renters insurance because it removes all of their responsibilities. They will no longer feel forced or obligated to help you replace your personal items after a tragic event happens in the house.
You may be dreading calling the insurance company after moving into a new house, but renters insurance is extremely affordable. It is much cheaper than the traditional homeowners insurance because the policy only covers your personal belongings. The insurance company is able to provide affordable rates because they know they will not have to replace an entire house. While the exact rate will vary based on your desired coverage, the average renters insurance policy only costs around $200 per year.
A family vacation is a great way to escape your hectic life for a few days. Since your renters insurance policy covers your personal belongings in every location, you will be protected during the trip. This means the insurance company will fully replace any items that are stolen during the trip. You will also be able to easily transfer your policy if you decide to move to your favorite vacation spot.
It makes entirely no sense to leave your personal belongings unprotected when it so easy to acquire renters insurance. Life is unpredictable, so you might as well be prepared for everything. You will instantly realize you made the right decision when you receive a check from the insurance company after the first problem in your new rental home.
Across town or across the country, moving doesn’t have to be stressful. Good Greek Moving & Storage is the only South Florida moving company to offer ‘The Best Move Ever’, ensuring a stress-free move on time and on budget.1 Comments |