Renter’s Insurance Basics

Renting a place, no matter if it is a house or an apartment, is a great way to have a space of your own. Just like owning a house, there are many responsibilities that go along with renting a home, including protecting it with the right renter’s insurance policy. There are many reasons to invest in a renter’s insurance policy, including:

• If a disaster hits – your renter’s insurance policy will provide coverage if your home is damaged during a disaster. It will provide protection for any damage that is caused by lightning, fire, smoke, explosions, windstorms, and more.
• If someone breaks into your house – if you come home to find that someone has broken in and stolen your brand new laptop, your renter’s policy will provide coverage to ensure that you are able to replace any items that go missing.
• If your home is vandalized – if your home becomes the target of vandalism, your renter’s insurance policy will cover the cost to replace or repair any items that were damaged.
• If your belongings are stolen – if any of your belongings are stolen, even while you are out of the house, your renter’s insurance policy will pay to replace any items that were taken.
• If you cannot stay at your house – if your home is uninhabitable while it is being repaired after a covered disaster, your renter’s insurance policy will pay for a new living situation while your home is being fixed.
• If someone is injured at your home – if you invite a few friends over for dinner, and one of them trips on your stairs and brakes their arm, the liability portion of your renter’s insurance policy will cover the cost of the medical bills that are associated with the accident.

When looking for the right renter’s insurance policy to protect your home, contact Michelle Lim Insurance Services Insurance in Alhambra, California.