Renters Insurance FAQS Answered
Renters insurance is something that many go without, and only later realize how important it is. Even though it might not be a requirement on the lease, there are many reasons to have a good renters insurance. Here are just a few questions and answers that will help you clear any doubts about this important insurance:
What Is Renters Insurance?
Renters insurance provides coverage for your lost, damaged, or stolen personal belongings. It also provides coverage for injuries for your tenants that might occur in your rented home or apartment.
For instance, in the event that somebody is harmed in your home, and the injury is considered to be your fault, that individual is able to file a liability claim with your insurance company and they would cover the hospital costs connected with the injury.
On the off chance that the harmed individual decides to file a lawsuit against you, your renters liability insurance would pay for your legal defense, up to the limits set on your policy. If you don’t have renters insurance, these costs would have to be payed out of your pocket.
I rent my house, I don’t live in it. Do I still need insurance?
Yes! The rules are the same for homeowners and renters. If a disaster were to struck tomorrow, could you manage to replace everything you own? Or if your tenant were to sue you, would you have enough money to pay any type of legal fees? If the answer is no, you should get a renters insurance and benefit from the protection that it brings.
Renters insurance offers the same type of personal property coverage and liability protection as a homeowners policy. No need to worry about your expensive TV or reclining sofa, both would both be covered and safe. There are various policies you can find that are very extensive, you just have to look for the one that has the best relation deal-price.
Does renters insurance cover my possessions even when I don’t live in the house?
Yes. Renters insurance is a package of insurance coverage that extends to all your possessions no matter where you are. This is why it’s so important to have a renters insurance.
Do a mental inventory of the things around your house and try to add them up. What would cost to replace the top 10 most valuable items in your apartment, if they were to be damaged or stolen? That amount most likely will arrive in the thousands, maybe more. Don’t ever take a chance on such an important matter.
With this in mind, you will be able to sleep better if you know there is protection over the house you are renting out. Renters insurance will cover a lot of things, whether there’s a robbery, a fire, or water damage.
Where Can I Get Renters Insurance?
If you are looking for renters insurance in Lynnwood, WA, you’ve come to the right place. Villa Insurance Group is a local insurance independent agent that got you covered as we offer life insurance, business insurance, as well as your autos and home.
It is beneficial to choose an independent agent because it means options and more personal treatment.
So, what are you waiting for? Call us today at (425) 771-9000 or visit our Quotes Online to start saving money.
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Choosing an Independent Agent
Are you looking for auto insurance in Lynnwood, WA? We are a local insurance independent agent protecting all aspects of your life, from your business to your autos and home, we have you covered! The benefit of choosing an independent agent like us means options. We have relationships with many top rated carriers to give you the auto insurance coverage you need that fits your budget. Don’t wait, call us today at (425) 771-9000 or visit our Quotes Online and start saving money.