Insurance for Renters: The Need to Protect Your Belongings

Insurance for Renters: The Need to Protect Your Belongings

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As a tenant the idea of obtaining insurance for renters could be far from your thoughts. But, it is highly important for providing protection to your personal property against unexpected risks.

Whether you live in a suburban rental condo or in downtown Columbia SC,, it's essential to have renters insurance. Often, renters conclude they will be covered under their landlord's insurance policy. But, this is often not the case.

Landlord's insurance generally covers the building and any appliances or fixtures. But, this does not include a renter's personal possessions in case they were damaged or stolen.

In other words, if a potentially damaging event like a fire, theft or flood occurs, it falls on your shoulders to replace your damaged goods, unless you are equipped with renters insurance.

Getting renters insurance will help you get safeguarded from potential lawsuits. Let’s say, more info 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 might be a worthy part of your budget. Regardless of where you might rent in Columbia, SC, it is wise to secure your assets with a reliable renters insurance.

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