Renters insurance is for many people. Whether you are renting a townhouse, single-family home, or an apartment, you should consider purchasing renters insurance. Many people believe that their landlord will have enough insurance to cover any losses that may happen, but this is simply not true. At the Everett Insurance Group in Las Vegas, NV, you can speak with one of the qualified independent agents that can help you if you are a renter.
What is Renters Insurance?
Renters insurance is coverage that is available to protect renters from damages to their property which is not protected by landlord insurance. A landlord would have insurance that covers damages that could occur to the property that they are renting. This includes the building or any appliances that were part of the original rental agreement. Items that belong to you, such as clothes, televisions, or small appliances would not be covered without your own renter’s insurance.
What Will Renters Insurance Protect?
Personal Property – any of your property can be repaired or replaced up to your policy limits. This could include furniture, clothing, or electronics.
Liability – is coverage that provides protection for you if you are at fault. If you are responsible or cause injury to another person or their property. This could include large medical bills or property damage.
Living Expenses – if your home is damaged and you are unable to live there until repairs are made, renters insurance could pay for you to stay in a hotel until you’re able to move back in.
The independent agents in Las Vegas, NV at the Everett Insurance Group are available to help you navigate a renters insurance policy before you sign a lease. You should also consider reaching out to them if you are interested in purchasing homeowners, auto, or commercial insurance too.