Q: What is renters insurance?

Renters insurance is personal property coverage that may help cover the cost of replacing your personal belongings if they are unexpectedly damaged or ruined by certain risks, such as fire, theft, and vandalism. Liability coverage is also included to protect you from lawsuits if someone is injured while visiting your home. Potential liability risks include slips and falls, accidents at parties, and pet attacks. This type of coverage is very affordable, with the average cost of a policy being about $200 per year. To determine the amount of insurance you will need, create a home inventory that details what you own and the estimated value of each item. If you are currently renting a home or apartment, you should strongly consider renters insurance. The policy your landlord has to insure the home or apartment you are renting will not protect your personal possessions.

Call us at 1‑877‑276‑7882 or click here to receive a quote for renters insurance.