When you are moving there are lots of things to think about: packing up all your belongings, transfer internet and electricity, change your address, etc. But one of the most important things you might be forgetting, if you are moving into a place you do not own, is renters insurance. Your landlord will have insurance to cover the structure of where you are living but it is your responsibility to insure anything you own. There are lots of misconceptions you might have about renters insurance so we want to help clear a few things up. We found some of this information from a great article from the U.S. News & World Report website, so feel free to see their article in full here.
Misconception #1: You might think you don’t have own enough things to need an insurance policy. But that’s simply not the truth! Many of us own a phone, laptop/computer and TV that is worth over a thousand dollars if you had to purchase again. And think about all the clothes, shoes, accessories you own as well furniture you live on every single day. Once you start pricing out all your items you realize that number is pretty large and for most people would be devastating to lose. Renters insurance can solve that.
Misconception #2: You might also be thinking renters insurance is only good for your personal belongings, but it can help protect you when you might be held liable for something. If something happened in your apartment that negatively impacted another tenant in your building, the liability coverage in your renters insurance can help cover that cost. It also covers accidents like someone getting hurt in your home and there are medical and legal costs associated with that accident.
Misconception #3: So now that you heard some great reasons to get insurance, your probably thinking this must be expensive, right? Well, you’d be wrong! Renters insurance can be very affordable with lots of options in terms of premiums, deductibles, and coverage levels. An extra $20 to your monthly budget is very affordable and can give you piece of mind.
We’d love to talk to you personally about your renters insurance needs so don’t hesitate to call us at (402) 718-9400 or email us at email@example.com.