It’s a common belief among renters that their landlord’s insurance will cover their personal belongings. However, this is a misconception. The truth is, a landlord’s policy only insures the building’s structure, not your possessions. This leaves your personal items vulnerable in the event of a covered peril.
Imagine your landlord restoring their building after an apartment fire, but you are left without your clothes, food, and personal items. We have seen this all too often at Peninsula Underwriters Insurance Agency in Gainesville, FL, and we are here to help.
Protect Your Belongings and Secure Additional Living Accommodations
With a renters insurance policy, you can secure contents coverage to replace your belongings in case of fire, tornado, theft, or smoke damage, subject to a deductible.
Furthermore, renters insurance offers additional living expense coverage if your residence is uninhabitable while building repairs are underway. This coverage can reimburse you for hotel stays, restaurant meals, pet boarding services, and other excess expenses you may incur.
Renters Liability Coverage
If you are found liable for causing a fire in your building, liability coverage on your renter’s insurance policy can cover up to the amount of liability coverage you purchased.
In addition, if someone injures themselves in your home and seeks to sue you for their medical expenses, your renter’s insurance can provide financial protection by covering the injured party’s medical costs.
Don’t Wait Until It’s Too Late, Secure Your Coverage Today!
Don’t risk renting your residence without proper protection. Renter’s policies are affordable and can be tailored to fit your unique situation. Call us today at Peninsula Underwriters Insurance Agency in Gainesville, FL, at (866) 791-9016.
