Renting instead of buying property can be an excellent financial strategy, which allows you to be free of real estate taxes, high maintenance costs, and other expenses. But insurance to cover your possessions can still be of great benefit to you, even if you rent. At Belizaire Insurance Agency, we can answer your questions about renters insurance and help you determine the coverage you need.
Although you may think your landlord’s insurance policy covers you from losses, this is not the case. Rental property insurance only covers the structure itself and attached features and not items within its walls. You may believe your possessions don’t add up to a lot of money, but if a fire or theft should occur, you would have to replace all your clothing, jewelry, electronics, decorative items and furniture from your own pocket. Renters insurance is designed to defray some of the expense of replacing your personal belongings, and it also offers additional benefits.
Standard renters insurance covers hazards such as theft, fire, lightning, windstorms, vandalism, certain types of water damage, and smoke damage. In addition, it offers liability coverage for anyone who is injured in your apartment. Some policies also cover legal representation if you are part of a lawsuit. Coverage also extends to alternate lodging if you cannot use your residence while it is being restored. Renters insurance is generally very affordable, which makes it a good value for protecting you against unexpected losses.
Our experienced agents can help you determine what level of coverage is best for your individual needs. Our agency provides a wide range of policies for auto, home, and business. Call Belizaire Insurance Agency today for a free, no-obligation quote on renters insurance to protect you against financial loss while you are renting.
While our office is located in Tyrone, GA, we serve all across GA, AL, CT, DE, SC and NC.