Renters insurance is the affordable and easy way to protect the things you own against the things you cannot control. When disaster strikes, the last thing you should have to worry about is replacing your belongings or finding a place to lay your head at night. We offer policies designed to help you pick up the pieces and get back on your feet again.
Why Purchase Renters Insurance?
Your landlord probably has insurance that covers his liability and any damages that occur to the structure of the property you are leasing. However, it is unlikely that this coverage will pay for the replacement of your personal belongings nor cover your personal liability after an accident. In many cases, landlords require tenants to purchase renters insurance that covers these expenses. Without it, you may be required to pay for a guest’s medical expenses out of your own pocket if they fall down the stairs in your home; or you could lose everything you own if apartment building burns down. While there is no way to prevent losses from occurring, purchasing renters insurance can help you recover your costs as quickly as possible.
What Renters Insurance Covers
At Smart Move Insurance, we help Cave Creek, Anthem, and Carefree area renters find the protection they need at a competitive price they can afford. When you purchase renters insurance, your policy may include coverage for:
Personal Belongings
How much are your personal belongings worth? What would it cost you to replace everything you own, from your rugs and furniture to your clothes, electronics, and household goods? Renters insurance provides coverage for personal belongings and helps pay to replace them if you lose them in a fire, theft, or other covered events. They are even covered outside of your home, such as when traveling or riding in your car.
High-Value Items and Exclusions
Certain types of items may have limited protection or otherwise be excluded from your personal belongings coverage. If you store inventory for a home business in your house, for example, you may need to purchase a special endorsement that extends coverage to those items. You may also need extended coverage for fine jewelry, furs, weapons, and other high-value items that exceed the standard limits on your personal belongings coverage.
Temporary Displacement Costs
When disaster strikes, you may not have a home left to live in. Whether it is completely destroyed or only in need of repair, you will need to find a temporary place to live. Renters insurance can help you cover the cost of temporary living expenses until you can return home or find a new place to live.
Financial Liability after a Non-Collision Accident
Renters insurance includes valuable liability coverage that protects you from significant financial loss in the event that you are sued or held responsible for another person’s injuries or loss. Whether someone gets hurt while visiting your home or you accidentally hit a pedestrian with your bicycle, liability insurance can help pay for medical expenses, legal fees, and other costs stemming from a covered non-collision event.
At Smart Move Insurance, we work hard to answer your questions and help make renters insurance as simple as possible. If you lease an apartment, townhome, house, or other property, contact Jessie to request your free renters insurance quote today.
