A rented home/condo/house is an expensive place and if something is damaged, you may have to fix it.
Contrary to what you may have thought, you might not be covered by the landlord’s insurance. You may be fully liable for costs well beyond repairs and your landlord or others can sue you in court.
That day you dreaded actually came along. And now you have to deal with it. When you think about it, there is a lot that can go wrong in your rented condo. Expensive hardwood floors warped because of water damage, range fires ruined the kitchen ceilings, mold ruined the windows, your friend broke his leg badly on your stairway, or you actually set the place on fire.
What do most of these accidents have in common? You. You could be fully liable for them all and more. The solution? Renters insurance. It can give you peace of mind.
If you’re a student, you have enough to worry about with finding money to live now and to pay back your hefty student loans later. You don’t need these devastating losses for sure. If you’re employed, how long will you have to work to pay off the repair bill?
Tweet this to your friends
Lots. These events are easy to visualize:
Most renters think renters insurance isn’t needed because they don’t have a lot of valuable property. To replace all your possessions after a fire, flood, or theft could be costlier than you think. But liability may be the main reason you need to have renter’s insurance. Without it, you could be facing a loss you’ll be repaying for years. Or as some unfortunate souls discover, you may have to file for bankruptcy.
Renters most often don’t realize just how vulnerable they are legally when they rent an apartment or a condo. If this is you, you are gambling. For a pretty low monthly premium, you can get the renters insurance coverage you need. But what should you look for in renters insurance policies? Get a quick online quote for renter’s Insurance.
Have a look at the most expensive cars to insure and the least expensive cars to insure before you commit to buying a new car. There are some excellent new car safety features to be looking for in your next car. Studies show they do make a difference.
Find out more about how insurance companies set car insurance rates. Knowing may help you save money on your premiums. What are the 10 worst driving habits? When you’re ready to speak to us and get a quote, called us at 1-888-471-3868.