It does not matter if you rent a home, condo, apartment, mobile home or a family owned property; if you are renting a residence, it is crucial that you protect yourself with a Renters Insurance Policy. Most people dramatically underestimate the value of their belongings. Some of your most treasured items could be gifts, collected over extended periods of time and simply forgotten when asked to determine your overall value. Try it, it is good practice to have an itemization of all your belongings and you will be shocked with the overall value amount. It is comforting knowing that all of your belongings are protected in the event of theft, fire, lightning, or hurricane, just to name a few possible scenarios.
Have you ever been a victim of theft? Renters insurance can step in and cover items taken from your home and even your car. We’ve had a client’s entire vehicle stolen while on vacation with all of their favorite belongings inside. Their renter’s policy stepped in and compensated them for the extensive list of valuables that they had with them at the time.
Think about the additional living expenses for rent, utilities and other excess costs if you had to temporarily move out while your rental was being repaired? Having these expenses paid for by your renter’s policy is yet another good reason to purchase coverage.
Imagine having a grease fire, or faulty hair dryer, or leaving the iron plugged in and causing damage to the residence you rent? Now imagine the property owner’s insurance company demanding reimbursement from you for the amount they paid to repair or replace the property? They can do this because the damage originated under your tenancy. This protection factor alone is enough reason to carry a renter insurance policy but there are still many more instances of disasters that could happen and you would want to be protected.
It is important to protect yourself with a renter’s policy for all these reasons. Be sure to discuss this matter with one of our Florida licensed experts who can give you a quick proposal and you can discover just how affordable it is to protect yourself from all these exposures and more.