Being a renter you may not think a lot about renters insurance. However, it is crucial for the safeguarding of your personal assets from unexpected dangers.
Whether you live in a suburban rental condo or in downtown Columbia SC,, renters insurance maintains its significance. Often, people believe they will be covered under their landlord's insurance policy. However, this is a common misconception.
Landlord's insurance generally covers the building and any appliances or fixtures. But, it does not protect the renter’s personal items in case they suffer from damage or theft.
That is to say, should your click here possessions suffer loss or damage in an event like a fire, flood or break-in, you would bear the cost for their replacement, unless you have insurance for renters.
Purchasing coverage for renters will also ensure protection from liability claims. For example, if a guest gets hurt while visiting your rented home and chooses to file a lawsuit, your renter’s insurance policy can cover legal costs and any awarded damages.
To wrap up, renters insurance offers much-needed protection for renters, and it could be a valuable investment. No matter your renting location in Columbia, SC, it’s time to consider protecting your possessions with renters insurance.