Renters Insurance in Manchester CT
Do you rent your home or apartment and need Renters Insurance in Manchester CT? Then you need to contact The Insurance Store of CT. We will help comb through the various policies to find which one is best for your situation and budget. Renters insurance protects your belongings from loss, damage, or destruction following things like burglaries, fires, tornadoes and other damaging events. Additionally, renters insurance protects your liability if someone was to be injured at your rental home or apartment.
Check out these top-5 reasons why you need renters insurance.
1. Protection For Your Personal Belongings
To start, you should be taking inventory of your belongings. If they were to be stolen or destroyed, how would you replace the costly electronics you own? It can get very costly needing to replace items like smartphones, smartwatches, laptops, tablets, TVs and gaming systems. Or, how about the hundreds or thousands of dollars’ worth of clothes, shoes, or jewelry you have? Not to mention, your sofas, tables, chairs, and bedroom furniture. All of these personal belongings, and more, can be covered by a reliable renters insurance policy.
2. Liability Coverage
Secondly, if a visitor is injured at your home, then they could potentially sue you. The costs added up from a lawsuit could become costly, so having renters insurance is the wisest decision. Also, you could be responsible for their medical bills if applicable. How would you cover these costs? Likely, without insurance you wouldn’t be able to, or it would cost you your life savings. Some unexpected things that could happen to visitors include:
- Your dog bit a friend’s child.
- You had friends over for a party, and things got unruly.
- Someone tripped and fell inside your apartment.
With a renters insurance policy, you can rest easy knowing you have coverage to protect yourself and your belongings (up to the stated liability limit in your policy).
3. Your Landlord’s Insurance Doesn’t Protect You.
To continue, it’s a common mistake for tenants to believe their landlord’s insurance will protect them. However, that’s just not the case. As the owner of your rental, the landlord does have a form of homeowners insurance. This insurance covers the physical structure itself, but not your belongings inside. So, this makes it even more important that you secure your own policy.
4. Coverage for additional living expenses.
If your rental home is damaged, then you may have to move to a temporary location. As a result, you’ll have to spend money to stay at a hotel, motel, etc. Fortunately, most renters insurance policies include coverage for the additional expenses. For example, if your monthly rent is $900, but you can’t live in your apartment for the next month while it’s being repaired, so you stay in a hotel. Your renters insurance policy would cover the additional living expenses beyond $900 that you incur while staying there, eating meals etc.
5. It’s affordable!
Fortunately, across the United States, premiums for renters insurance are very affordable. They average between $15 and $30 per month. Also, this depending on the location and size of the rental and your possessions. To put that into perspective, you could insure all of your belongings (and your own liability) for about the cost of two movie tickets a month.
Lastly, when you have questions on renters insurance and how to get the best rate, then call The Insurance Store of CT 860-645-1960