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Why Renters Insurance Is Important

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As a house or apartment renter, you may think your landlord 's insurance policy will cover you and your belongings in the event of a break-in, accident, or natural disaster. However, this usually is not the case. Tammy Ross Insurance in Monroe, NC, encourages you to get renters insurance to protect your belongings. For nearly two decades, this independent insurance broker has been the most trusted and reliable broker of renters, home, life, car, and health insurance in Union County.
They explain how renters insurance makes sure your assets and property are covered in case the worst happens:
Why Renters Insurance Is Important
Your landlord 's homeowner 's insurance policy protects their building and related property but rarely covers the personal property of tenants. This means you could suffer a tremendous financial loss from a fire, storm, or break-in if you don’t have a renters insurance policy. You also would be on the hook for the costs of relocation and temporary lodging if your rental property becomes uninhabitable. Renters insurance will mitigate these losses. …show more content…

What Renters Insurance Covers
Renters insurance covers your furniture, clothing, electronic equipment, and other personal property that is damaged in a covered event like a fire or tornado. It also reimburses you for the cost of stolen property taken from your home or vehicle once your deductible is met. Many policies even cover mold damage and theft losses while you are

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