3 Things to Know About Renter’s Insurance

Unfortunately, many people mistakenly assume that a landlord’s insurance policy will protect their belongings if there is any damage or theft, and this could not be further from the truth.

Renters insurance is a type of insurance that protects your personal belongings in the event of damage or theft. It also provides liability coverage if someone is injured while on your property. The cost of renter’s insurance depends on various factors, including your home state.

What is renter’s insurance?

Renter’s insurance helps protect your belongings if something happens to them while renting a home or apartment, including fires, theft, and damage from natural disasters. It can also help cover the cost of temporary housing if your home is damaged and you need to live elsewhere until it is fully repaired.

Why is renter’s insurance important?

Renter’s insurance is essential because it can help protect you from financial losses if something happens to your belongings. For example, if someone burglarizes your apartment and steals all your electronics, the renter’s insurance can help pay for you to replace them.

How much does the renter’s insurance cost?

The cost of renter’s insurance varies depending on several factors, including the value of your belongings and the coverage you need. However, it is an affordable way to protect your belongings in case of damage or theft. The average cost of renter’s insurance is only $20 per month, which is a small price to pay for peace of mind.

Bottom line

Renter’s insurance is relatively affordable and can save you a lot of money in the long run if something happens to your belongings. Renter’s insurance is essential to being a responsible renter, so be sure to get it when you move into your new home.

If you are new to renter’s insurance or would like more options, Brennan & Stuart will ensure you’re covered. Call Christy Kupec today at 815-223-0137 or visit our website and explore our renter’s interactive graphic to learn more about your unique risks and the related insurance solutions. https://brennanstuart.com/clickable-coverage/renter/

Brennan & Stuart

222 Bucklin Street

La Salle, IL 61301

www.brennanstuart.com