Monday, July 1, 2013
Condo Insurance
Condo Insurance
and Renters Insurance
Renter’s Insurance: Why it’s Important
Although Renter’s Insurance is something that every renter has surely heard about, not every renter takes advantage of buying insurance for their personal belongings when they are renting the place they are currently living in. Whether they are renting a single family home, a large fancy condo, or a little studio apartment, exploring their options for getting Renter’s Insurance in order to protect them against any personal items lost is a really smart idea.
Many people believe that their landlord’s insurance will also cover them if some type of natural disaster struck the dwelling in which the live and their personal belongings were ruined. Although this is most likely not the case, it’s still may be worth your while to check with your landlord just to be sure.
What Exactly is Renter’s Insurance?
When you choose to rent an apartment or house, your personal items are not covered if there happens to be a break-in or a fire or some other unfortunate disaster that can cause destruction to your personal belongings, unless you have renter’s insurance.
Renter’s Insurance can cover items ruined during the following natural occurrences, as well as theft.
Fire
Lightening
Windstorm
Hail
Plumbing System Freezing
Why Do I Need Renter’s Insurance?
When a renter experiences some type of tragedy that ruins their personal belongings, a renter’s insurance policy will help them in recovering the value of items lost. Although no one wants to experience any type of loss or damage when it comes to their personal belongings, things tend to happen that are out of our control, making it a good idea to protect your belongings, just in case.
Make a List.
Taking the time to make a list of all your personal belongings along with their estimated value is a really great idea in order to understand exactly what is at stake here. Can you really afford to replace everything if some unfortunate and/or unforeseen disaster were to strike? If not, it’s time to look into some Renter’s Insurance options to see which one is right for you.
How Much is Renter’s Insurance?
The total value of your personal belongings will determine the amount of Renter’s Insurance coverage you will need.
Good To Know
Renter’s Insurance also covers the renter when it comes to someone being injured in their home/on their property and can help protect you in the case of a liability lawsuit. How much is having peace of mind worth to you?
http://www.baycitiespropertymanagement.com/renters-insurance-why-its-important/
San Francisco Rentals
San Francisco Rentals
http://sanfrancisco-rentals.blogspot.com/
bayrentals.com
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