Renters insurance comes into play when you, an individual rents a space in a building structure of many apartments. By so doing, the renter is responsible for the space he or she is occupying. Therefore, there is need to protect yourself and your properties.
Renters often have this misconception that the policy of the homeowner, or landlord covers them on event of a threat, hazard or disaster. This is not so. The landlord’s policy covers only the building, excluding the contents and the properties of those occupying the apartment. Hence the need for a renters insurance.
When you purchase a renters insurance, you cover your belongings in your apartment which includes your home appliance, furniture, clothing, jewelry and other personal effects. It also protects you from the following perils
§ Riot
§ Fire
§ Theft
§ Vandalism
§ Explosion
§ Lightning
§ Damage by aircraft
§ Damage by automobile
§ Windstorm and so many other perils.
Renter insurance also covers for injuries sustained in your apartment by visitors. It provides you with temporal living expenses when you suffer loss from fire or theft. Its benefits are enormous. But, not having a policy is to your own detriment, because, when you suffer loss, you have to sweat it out all alone, to replace your losses and this might take all your savings, and leave you broke.
Are you renting an apartment, get a renters insurance. Request for your free quote and get professional advice now on http://www.easybuyhomeinsurance.com/.
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