When you rent a home or apartment, there are many things that you won’t have to worry about. Paying the mortgage, home maintenance, and other tasks are usually the landlord’s or homeowner’s responsibility. But it’s vital to keep in mind that although your landlord is responsible for owning that property, that doesn’t mean you’re covered for whatever happens to it.
In this day and age, you never know what will happen to your home or apartment. And if you’re not covered by renters’ insurance, you might be forced to pay for damages out of your own pocket. Whether you rent your residence in Commerce, GA or anywhere in the United States, having renters’ insurance is key to staying protected.
Below you’ll find three reasons why you should have renters’ insurance:
Liability Coverage
This insurance component has you covered when you are at fault for damage to the property or in the event someone is hurt on the property. If you have renters’ insurance, you usually won’t be responsible for all the medical expenses involved.
Personal Property Coverage
Let’s say you just bought the newest television on the market, or you purchased an expensive couch. If those were ever damaged accidentally or even stolen, you wouldn’t get any reimbursement if you don’t have renters’ insurance. This policy even protects your personal belongings from fires, storms, and other causes.
Living Expenses
If something ever happens to your residence, whether fire, hail, or any other cause, you’ll need money for a hotel and other expenses. If you don’t have renters’ insurance, you’ll have to pay for all of this out-of-pocket.
Call the Experts at Hyman Brown Insurance Agency, Inc.
Dealing with insurance policies can be confusing. With so many options, it can be hard to understand. But by fully acknowledging the risks involved with renting a home or business, you’ll soon realize the importance of renters’ insurance. For all of your insurance needs in Commerce, GA and the surrounding area, reach out to Hyman Brown Insurance Agency, Inc. today!