Some people may believe that it’s not necessary to have renters insurance because they don’t own the property. Knowing what renters insurance covers could mean you won’t make a costly mistake by not having it. The specialists at Hyman Brown Insurance Agency Inc in Commerce, GA would like you to know all about renters insurance so you can decide how much coverage you need.

What Renters Insurance Does Not Cover

Renting a home or an apartment may seem easy. You don’t have to worry about repairs to the apartment, such as plumbing issues or a broken dishwasher that came with the place. If the plumbing issues cause a leak that damages some of your items, you’ll be responsible for the replacement of your clothes or furniture. Your landlord is not responsible for your personal possessions that’s why you need renters insurance.

What Renters Insurance Does Cover

Renters insurance usually contains personal possession protection, liability, and living expenses.

• Personal possession protection – includes the replacement of items that are lost due to fire, theft, vandalism, storms, or explosions. Check your policy to see what other perils are included. Usually, floods are not covered, but you can acquire flood insurance separately.
• Liability – covers you if someone is injured or their property is damaged by you or your family. If your child shoots a BB gun into a neighbor’s window, liability will be there to cover you for the damage.
• Living expenses – are provided under covered perils in your policy. If you need to leave your home while repairs are being done, then you’ll receive additional living expenses.

Having renters insurance could be the difference between replacing your destroyed items yourself or being reimbursed for the cost. Call or stop by the Hyman Brown Insurance Agency Inc in Commerce, GA and speak to one of their specialists about renters insurance.