If you’re someone who rents – as over a third of the population nationwide does – it’s important to consider what safety measures you have in place if something goes wrong.
Say, for example, that a fire severely damages your apartment building. The owner of the building has insurance on the building and will be able to rebuild or fix the damage. But what about you? Without a renter’s policy, you’ll receive no compensation for the thousands of dollars in destroyed personal belongings, and no help in finding another place to live while repairs are underway.
With a renter’s policy, you’ll have coverage for your lost personal items PLUS financial assistance for things like extended hotel stays, meals, and child care services.
There’s also an important liability aspect of the policy, which keeps you from footing the bill if your child sends a baseball through the neighbor’s window or a visitor falls down the stairs and is injured in your home. It might even cover the couch that your puppy…accidentally…kinda chewed up at your friend’s house while she was dog-sitting.
Renter’s insurance typically costs only a few dollars a month – and better yet, you can get big discounts for bundling it with another policy like car, motorcycle, or boat.
Check out this infographic we made for more information, then give us a call at (360) 378-2949 to get a policy in place today! It’s so easy, you’ll wonder why you hadn’t done it already.
“More U.S. households are renting than at any point in 50 years,” Pew Research Center, 2017.