Most people believe that if you are living in a rented place, where you are not a homeowner, there is no need for insurance. Given that the landlord will take care of the structure, it is common to believe that this will include your damaged belongings in case of a casualty. Unfortunately, that is not the case. That is why there’s protection created specifically for this situation: the renter’s insurance. As Insureist, we are one of the cheapest renter’s insurance companies in the country. To guide you a little bit more through, here’s a list of five reasons you should consider a renter’s insurance.
First and foremost, you don’t need to worry; it is not as expensive as a home owner’s insurance. Because of the obvious difference between owning a space and just renting it, the price is considerably lower. The insurance will only cover your possessions, which if they are few, is not wise to do so, but if you own a great variety of valuable goods, this is an option you might consider. If anything happens and your things are damaged, you might get reimbursed by replacing the same item or the monetary value you just lost. In Insureist, we know about affordable renters insurance, so we know exactly what can work for you.
When you are looking for a place to move to, some landlords require you to. This way, everyone feels much more at ease. It’s not mandatory by law, but some will prefer an arrangement where the person renting the property has their items secured. This will bring peace, knowing that if anything happens, there is no need for a discussion to occur since all of the parties involved have a backup.
In case of an event incurring the big enough property to need renovations, your renter’s insurance takes care of all the expenses required for you to leave the premises. This includes things such as hotels, your bills, and meals in between. Part of the benefits of renter’s insurance is to guarantee your peace no matter what happens to the structure where you live.
Additionally, there’s a policy of insurance that covers any harm that you or your pets may cause the property. This is called liability insurance, and it covers someone’s wounds as well as a lawsuit for negligence in the place you rent.
One interesting feature is that your renter’s insurance also covers things that are both inside and outside of the property. There are limits to how much they can cover, but you can rest assured of the bike, barbecue, phone, or any personal belongings that were left outside. The usual amount is between 10-15% of the item, and your deductible will apply in this matter.
Lastly, and especially for us, being one of the cheapest renters insurance companies, this insurance can result in a very logical and cheap option for you. As a top-of-the-line team, we can figure out through a quote exactly how much, according to your possessions and where you are, how much is this insurance is going to cost. It is usually around 14$ a month to keep all your items protected from anything that might happen. Because we want to offer you an unexcelled experience, there are also possibilities of discount if you combine your auto and renter’s insurance and if the place you are renting includes a smoke detector or/ and a security system.
With this said, there are a lot of other details and advantages you can get out of getting this renter’s insurance, but it’s just a matter of contacting us, getting the cheapest renters insurance quotes, and seeing what can we do for you.
Contact Insureist for the best insurance policy. You’ll receive a quote in only minutes: 888-470-1550.