When you rent a home, there are specific responsibilities you must fulfill, and one of these is obtaining renters’ insurance. Many landlords today require tenants to have renters’ insurance to ensure protection against various risks, including those that could damage or destroy your belongings. While you don’t need home insurance—since the homeowner will have that coverage—you do need a solid renter’s policy to safeguard your possessions. To ensure you have the protection you need, contact us at Cary-Wheeler & Associates Inc. in Richmond, VA.
Protection for Your Belongings
Renter’s insurance includes different types of coverage, such as liability protection and coverage for your belongings. The items inside your rented home are valuable and represent a significant financial investment. When you consider the cost of the items in just one room, it becomes clear how expensive your belongings are. Having this protection in place is crucial in the event of accidents or natural disasters.
Coverage for Replacement Costs
If your belongings are damaged or destroyed, your renters’ insurance policy can cover the cost of replacing them. Without this coverage, replacing even a few expensive items could be financially overwhelming for most people. Replacing everything would be an even greater challenge. To ensure your items can be replaced, it’s essential to maintain renters’ insurance.
Get Renter’s Insurance Today
When you rent a home, make renters’ insurance a priority. To learn more about this type of insurance, contact us at Cary-Wheeler & Associates Inc. in Richmond, VA.