If you’re renting a home or an apartment in Pismo Beach, CA it is time to start considering renters insurance. Contrary to belief, as a tenant, you are not protected by your landlord’s insurance plan. Renters insurance ensures that your belongings, guests, and any damages are covered in case of an emergency. Here are the top five reasons to purchase a renters insurance policy.
Protects Your Guests
If you have a guest that is accidentally injured in your home or apartment, renters insurance will cover the medical bills and court costs if they were to sue you. This is especially crucial if you are a pet owner, as renters insurance will protect you financially if your pet bites your guest.
Protects You Against Theft
If your home or apartment was broken into and burglarized, renters insurance will reimburse you with cash to cover your stolen belongings. Items covered include clothing, electronics, jewelry, and more.
Replace and Repair Damages Due to Natural Disasters
While the structure of your home or apartment is covered by your landlord’s policy during a natural disaster, your belongings are not. Renters insurance protects your belongings and will replace lost or damaged items.
Coverage for Fire
A fire caused by electrical issues is not typically covered by your landlord’s policy. If it is deemed your negligence started the fire, you are liable for the damages to both your belongings and the structure of your home or apartment. Renters insurance will cover the costs of fire damage.
Protects Against Accidental Damages
Renters insurance protects you from unintentional damage to your property, such as water damage, broken glass, and falling items.
If you’re in Pismo Beach, CA reach out to Neff & Associates Insurance Services Inc to learn more about renters insurance policies!